This reference is required when payments are transferred to the Disbursements system for the following reasons:
To determine the contract account to which the payments (and premiums) are to be posted.
To supply a reference to the contract when payments are posted to the Collections & Disbursements system.
The reference POLAUTO1 is created for the contract AUTO1 in the Collections/Disbursements system. This reference is used to determine the contract account to which the payments from the Claims Management system are to be posted. When the first payment is made, the reference for claim ICL4711 is created in the Disbursements system. This reference must also refer to the contract POLAUTO1.