Join us on 30 October at 10am for a training session for LACHS 5 users covering:
LACHS Financials
- Understanding funding sources in LACHS
- Department/Individual Fund
- Internal Fund
- Insurer Fund Posts
- Policy Excesses
- How policy excess relate to the funding
- Self-insured policies
- How to enter financials
- Posting payments with correct funding
- How to enter reserves
- How to enter recoveries
- The Claim Financial Summary screen
- How the figures are calculated for Open / Closed claims
- Fund allocation checking and warning indicators
- How to find claims with incorrect fund allocation
- Motor Claims
- Funding calculations for different types of policy:
- Comprehensive
- Third Party
- Not Applicable
- Recoveries
- Funding calculations for different types of policy:
- Reports – Fund Analysis
- GDPR – how to utilise the GDPR features in LACHS to ensure your data meets your retention policy.