Claims Management Financial Tab

Purpose

This tab shows all of the expenses and payments that are related to this claim. Use the Add, Change, and Delete buttons to edit the records, or double-click on a line in the browser to bring up the appropriate screen.

Fields – Expenses

Product/Unit# – The product and unit number of the vehicle. If this vehicle is not from your fleet, leave these fields blank.

Type – The type of expense.

Paid To – The company from which you incurred this expense. Use the binocular to select a record from the Local Company table.

Date Charged – The date on which you incurred this expense.

Repair Order ID – The ID of the repair order related to this expense.

Amount – The expense amount.

Fields – Payments

Type – The payment type.

Received From – The company from which you received this payment. Use the binocular to select a record from the Local Company table.

Date Received – The date on which you received this payment.

Amount – The payment amount.

Summary

Total Expenses/Payments - The total of each section above.

Net Gain/Loss: Expenses minus Payments.

Subrogation Amount – Amount to be recovered from claim.

Estimate Amount – Estimated cost of repairs.