> ## Documentation Index
> Fetch the complete documentation index at: https://docs.useunderflow.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Accounting

> Manage invoices, money movement, reconciliation, and reporting from the policy ledger.

Underflow's accounting record begins with policy activity. A bind and every premium-bearing endorsement, cancellation, or reversal create immutable premium-ledger rows. Those rows produce receivables or credits and feed carrier reporting.

> **[Invoices and dunning](https://docs.useunderflow.com/accounting/invoices.md)**
>
> See how receivables are delivered, aged, chased, and escalated.

> **[Payments and reconciliation](https://docs.useunderflow.com/accounting/payments-and-reconciliation.md)**
>
> Record and allocate receipts, then match the register to the bank.

> **[Bordereaux and carrier settlements](https://docs.useunderflow.com/accounting/bordereaux-and-settlements.md)**
>
> Review the monthly carrier report, attest it, and record remittance.

> **[Trust and disbursements](https://docs.useunderflow.com/accounting/trust-and-disbursements.md)**
>
> Read the trust position, move funds, and control money-out records.

> **[Statements and reports](https://docs.useunderflow.com/accounting/statements-and-reports.md)**
>
> Freeze agency statements and export earnings, GL, and tax workpapers.

## From policy to ledger

| Policy event | Accounting result |
| - | - |
| Bind | Written premium, taxes, fees, and an invoice |
| Premium-bearing endorsement | An additional premium invoice or return premium credit |
| Cancellation with a return | Return premium and the remaining balance |
| Reinstatement | A reversal when the cancellation booked a return |

The accounting history points back to the policy event that created it.

## The register

Accounting is one screen with tabs for Receivables, Payments, Settlements, Agencies, Trust, Reconciliation, Ledger, Filings, State filings, State rules, and Reports. Together they answer:

1. What is currently owed?
2. What money has arrived or left?
3. Does the register agree with the bank?
4. Which statements, filings, and reports need review?

## Permissions

Any member can record and allocate money received and prepare a draft disbursement. Admins and owners have the finance permission that lets them approve or record money out. The product does not require the drafter and approver to be different people.


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