Transaction Category, Function, Policy Type, and Business Purpose in AL3

2.06.2021
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Transaction Category (TRCAT) – The Transaction Category data element specifies that the current transaction belongs to which department, process or category. Common values are below:

  • A – Accounting
  • C – Claim
  • P – Policy

Policy Type Routing Code (RTGCD) – The policy belongs to which line (P – Personal or C – Commercial for example)

Transaction Function (TRFNC) – The transaction function describes the purpose of the transaction, and sometimes the structure of the data (like a partial or full image of data). Some common values are given below:

  • DBR – Direct Bill Reconciliation
  • FMG – Master File Image
  • PCH – Policy Change
  • SYN – Database Synchronization
  • XLC – Cancellation Confirmation

Cycle/Business Purpose (CBPUR) – Cycle/Business Purpose describes the purpose or activity of the transaction. Some common values are given below:

  • CLI – Claim Information
  • COM – Direct Bill Commission Detail
  • DBR – Direct Bill Reconciliation
  • NBQ – New Business Quote
  • NBS – New Business
  • PCH – Policy Change
  • PCQ – Policy Change Quote
  • PMT – Payment
  • PNQ – Policy Inquiry
  • REI – Reinstatement
  • REW – Rewrite
  • RIX – Re-Issue
  • RNR – Reversal of Non-Renewal
  • RRQ – Renewal Re-Quote
  • RWL – Renewal/Renewal Image
  • RWQ – Renewal Quote
  • RWR – Renewal Request
  • RWX – Non-Renewal
  • SYN – Database Synchronization.
  • XLC – Cancellation Confirmation
  • XLN – Cancellation Request

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