AFS Master System^® Administration Functionality

CPA Key Features

Select Insurance Administration Features:

• Bases all calculations on fiscal year accounting
• Supports a wide variety of death benefit splits, cash value splits and premium splits
  
• Handles a wide variety of bonus options
• Integrates multi-company values into one report
• Administers new and / or inforce policies
• Presents life insurance accounting information according to GAAP
• Allows user to select company YRT rates, PS-58 rates, or add custom rate tables to calculate the economic benefit
• Supports Survivorship Split Dollar
• Provides complete accounting for loans, withdrawals, surrenders, rollouts and deaths
• Allows user to override historical entries to match actual employer records
• Tracks employee and employer cost basis in Split Dollar policies
  
  
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