Create an insurance policy by copying an existing insurance policy

  1. Open the Insurance Policy screen.
  2. Note the active company. If you want to change it, click in the header and select the appropriate company.
  3. In the State/Province field, do one of the following:

    • Enter the code of a state or provincial payroll tax authority for the insurance policy.

    • Click to select a state or provincial payroll tax authority from a Lookup List.

  4. In the Insurance Policy field, enter a code of up to eight alphanumeric characters to identify the insurance policy.
    Note: Alphanumeric characters include the letters A through Z, the numerals 0 through 9, and all special characters except comma, dash, period, percent, tilde, and single quote. In addition, the code cannot begin or end with a space.
  5. In the Effective Date field, do one of the following:

    • Enter the effective date for the insurance policy in the format specified in the region settings on your computer.

    • Click to select the date from a Date Picker.

  6. Press Tab.
  7. In the Name field, enter a name for the insurance policy.
    Tip: You could enter "Workers' Comp policy" or the policy number issued by the insurance carrier.
  8. Click Copy from Policy.
  9. In the Insurance Policy field of the Copy From Insurance Policy window, do one of the following:
    • Enter the code of the insurance policy you want to copy and press Tab.
    • Click to select the insurance policy you want to copy from a lookup list.
  10. In the Available Insurance Classifications grid, do one of the following:
    • Select an insurance classification that you want to copy to the new policy and click Add. (Press Ctrl and click to select more than one insurance classification.)
    • Click Add All to copy all insurance classifications from the existing policy to the new policy.
  11. Click OK to close the Copy from Insurance Policy popup window and return to the Insurance Policy screen.
  12. Press Tab.
  13. Complete the fields as described on the Insurance Policy Screen Field Reference.
  14. Click Save Policy.