Non-Account Current (NAC)

Overview

Non-Account Current (NAC) policies are billed directly to the insured by the agency, rather than through the producer. The insured pays the agency, and the agency then pays commission to the producer separately.

AC vs NAC at a Glance

	Account Current (AC)	Non-Account Current (NAC)
Billed to	Producer	Insured directly
Who collects	Producer collects from insured	Agency collects from insured
Commission	Deducted from producer remittance	Paid to producer separately
Invoice type	Consolidated producer statement	Individual policy invoice

NAC Payment Flow

1. Policy is issued as NAC.
2. The agency sends an invoice directly to the insured.
3. The insured pays the agency.
4. The payment is recorded in LAMS under the policy’s Accounting tab.
5. Commission is paid to the producer on a separate schedule.

NAC Smart Table

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Non-Account Current smart table showing insured name, policy number, amount due, and days outstanding

Non-Account Current smart table showing insured name, policy number, amount due, and days outstanding

Navigate to Accounting > Non-Account Current to see all NAC policies and their payment status.

• Filter by due date to find policies with outstanding balances.
• Use the Aging column to prioritize follow-ups.

Tip

NAC pending account balances can be adjusted using the adjusting entries feature in Bookkeeping > Journal Entries if a balance correction is needed.

Direct Bill Policies

Direct bill is a variation of NAC where the carrier bills the insured directly, bypassing the agency for premium collection. The agency still manages the commission payment to the producer.

For direct bill policies, commission is tracked through the Commissions screen rather than through payment entry.