---
schema_version: "1"
id: 8562f69d66e7580c1be4ef5fd5cd67627412467c428e251281dd4c2e7418d09a
title: Agency Billing
collection: admin
version: current
locale: en-us
portal_url: https://docs.salesforce.com/admin/current/en-us/release-notes/260-0-0/rn_insurance_agency_billing_container.md
canonical_url: https://help.salesforce.com/s/articleView?id=release-notes.rn_insurance_agency_billing_container.htm&release=260&type=5
source_site: help.salesforce.com
content_type: documentation
content_hash: 0dc88b8a5083846f423d28f563a9d8bdd305ecf888bf62f7f236cf019caafd8b
description: Manage the end-to-end agency billing workflow with greater accuracy, automation, and financial control across invoicing, payments, journals, and collections.
products:
  - Cross Cloud Packages Solutions
release: "260"
---
# Agency Billing

Manage the end-to-end agency billing workflow with greater accuracy, automation, and financial control across invoicing, payments, journals, and collections.

- **[Automate Agency Billing Journals](https://help.salesforce.com/s/articleView?id=release-notes.rn_insurance_billing_automate_journals.htm&release=260&type=5)**  
    Strengthen financial accuracy and control by defining accounting periods for each legal entity by maintaining a chart of accounts. Then, automatically generate dual-entry journal entries based on billing transaction types and general ledger assignment rules.
- **[Streamline Cash Flow with Automated Payment Processing](https://help.salesforce.com/s/articleView?id=release-notes.rn_insurance_billing_automate_payment.htm&release=260&type=5)**  
    Automate the collection of payments for policy invoices and processing of refunds for policy changes or cancellations. Settle open balances promptly and maintain accurate financial reporting by applying payments directly to policy invoices.
- **[Stay on Top of Overdue Premiums with Collections](https://help.salesforce.com/s/articleView?id=release-notes.rn_insurance_billing_collections.htm&release=260&type=5)**  
    Manage overdue invoices and reduce the risk of unpaid premiums with Collections. Easily see outstanding policy invoices, follow up on missed payments, and record payment commitments from policyholders. ​​Automated reminder emails help recover overdue amounts more efficiently and support steady cash flow.
- **[Schedule and Generate Invoices for Insurance Policies](https://help.salesforce.com/s/articleView?id=release-notes.rn_insurance_billing_generate_invoice.htm&release=260&type=5)**  
    Easily configure billing preferences for insurance policies, including tax and proration policies, in a purpose-built object. Set up invoice schedulers to generate invoices at regular intervals or generate on-demand invoices.
- **[Generate Policy Transactions and Breakdowns](https://help.salesforce.com/s/articleView?id=release-notes.rn_insurance_billing_policy_transactionsxml.htm&release=260&type=5)**  
    Automatically generate policy transactions and detailed breakdowns to reflect the financial impact of policy events. The transaction breakdown provides a clear view of insurance premium, commissions, taxes, and fees drawn from coverages, insured items, and insured parties.
- **[Effortlessly Configure Billing Settings for Insurance Policies](https://help.salesforce.com/s/articleView?id=release-notes.rn_insurance_billing_settings.htm&release=260&type=5)**  
    Simplify the management of insurance policy transactions by using the Billing Setup panel to quickly enable transaction and transaction-detail generation for policy lifecycle events. You can also configure and customise the context mappings that are used to create billing schedules.
- **[Manage Policy Lifecycle Better with Enhanced Versioning](https://help.salesforce.com/s/articleView?id=release-notes.rn_insurance_brokerage_policy_versioning.htm&release=260&type=5)**  
    Simplify policy issuance, renewals, endorsements, cancellations, and repurposing with built-in lifecycle actions and complete versioning. Reduce manual rework by automatically creating draft and issued versions for each policy change. Track mid-term changes through endorsements while preserving the full policy history. Help service teams work more efficiently with clear and system-managed policy states. Ensure consistent and reliable handling of policy changes across the entire policy term.