Commerce
Ledger & reconciliation
The platform's single source of truth for every financial position — premium, settlement, commission, refund, and failed payment.
Insurance money flows get messy fast. The ledger is not an afterthought — every premium, payout, and clawback lands in a double-entry record before anything else considers it.
Ledger accounts#
| Account | Records |
|---|---|
| Premium | Every premium collected, by policy and by month |
| Settlement | Payments made to HMOs on behalf of policies |
| Commission | Commission entries earned by each partner |
| Refund | Unused premium refunded on cancellation |
| Failed payment | All failed collection attempts and resolutions |
Reconciliation jobs#
Three jobs run nightly to keep every financial position correct. Any discrepancy is surfaced in the operations dashboard for review.
- Premium vs HMO settlement — every collected premium remitted to the correct HMO.
- Commission vs payout — every posted commission paid out in the next cycle.
- Policy vs HMO roster — every active Pierflow policy exists and is active in the HMO's own system.
Subscribe to
commission.credited and store the entry in your own ledger. Reconcile against Pierflow's settlement statements weekly.