Editing Premiums, Taxes & Fees on Quotes, Binders and Endorsements

Invoice line items such as Premiums, Taxes & Fees can be edited when creating Quotes, Binders & Endorsements. 

Applies to:

  • Accounting
  • Producers [/ Underwriters]
  • Assistants
Last Updated: September 2020

This article explains how to edit invoice line items such as Premiums, Taxes & Fees when creating Quotes, Binders & Endorsements. 

  • When creating a Quote, Binder, or Endorsement, you can add premiums, taxes, and fees. 
  • Tax rates are automatically calculated based on the premium and tax state but can be manually overridden if needed.
  • Check the checkbox to override automatic tax calculation. The grayed out line items become editable.
    • On a Quote, navigate to the Quote Summary tab to view the Fees and Taxes section
    • On an Endorsement, navigate to the Invoice tab
      1. Manually Calculate Taxes - Check the checkbox to override automatic tax calculation. The grayed out line items become editable.
      2. Line Item - Use the drop-downs to select the charge type (premium, tax, or fee) and the line of business. Enter any comments related to the charge and fill in the line item amount.
        Note: If these values were previously entered on the Coverage page, they will be grayed out in the Premium section, and can only be edited from the Coverage page.
      3. Delete a line item - Click the X icon to delete a line item. To delete an automatically calculated line item, you must first check the Manually Calculate Taxes checkbox.
      4. Add button - Click Add to add another line item to the premium section.
      5. Invoice summary - These details break down your line item totals by premium, fees, taxes, and total.
        After saving a binder or endorsement, navigate to the Documents tab to view the Invoice.