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Reports, General, Getting Consistent Figures

There are three key General Insurance reports: the Bordereau, Percentage of Business and the Control report. Depending on the selections you make, these can show premiums in three different conditions...

1. Gross – i.e. including the commission

2. Nett – i.e. excluding the commission

3. Nett of the commission but possibly with an insurer charge and its VAT – i.e. as posted to the accounts

One of these three reports, the Percentage of Business one shown below, draws its data from the accounts system, so can only show premium values after NCD, without commission (i.e. nett), but with IPT, plus any insurer charges along with their VAT (the latter usually only applies to certain commercial insurance policies)....

So to align this report with the Bordereau or Control Report you’ll need to select the matching (third) option regarding what premium to show...