Financial Transactions

Financial transactions are detailed financial line items that are associated with invoices. When you query the Socotra API with the policy Check Invoices endpoint, you’ll get a response that includes both invoices and the financial transactions associated with each one.

For a given generated invoice, you can use the Financial Transactions endpoint to fetch its financial transactions.

Data

Each financial transaction includes:

• The type (one of premium, tax, fee, commission or holdback)

• The amount

• The startTimestamp and endTimestamp of the time period that the transaction covers

• Locators for the associated peril characteristics and policy modification if applicable

Reporting

Financial transactions across multiple policies can be retrieved with the Financial Transactions Report and the Paid Financial Transactions Report.