This article will detail how to process an insurance payment received from an insurance provider for a member.
Navigate to Fund Level > Transactions > Member Income > Member Insurance Proceeds
- Select Member Account using the drop-down
- Enter Payment Date, being the date the insurance proceeds were received (Date format DD/MM/YYYY)
- Enter Insurance Proceeds Amount, being the dollar figure received
- Enter Description (Default is "Member Insurance Proceeds")
- Click Submit
Learn how to process a Rollover/Lump Sum Out