Month-End Variance Worksheet
Close the month with fewer surprises. Use this worksheet to compare expected commission, carrier statements, deposits, receivables, and agency production before small variances turn into revenue leakage.
Free worksheet. No credit card required. Built for insurance agencies.
A simple close process for agency financial control
Run this worksheet before finalizing the month. It gives producers, account managers, and agency owners a shared checklist for finding mismatches between what was written, what was billed, what was deposited, and what was paid.
Pull the expected month
Export new business, renewals, endorsements, cancellations, agency bill receivables, and carrier commission statements for the same period.
Compare the money path
Match written premium to billed premium, deposits to statements, commission paid to commission expected, and open balances to receivables.
Assign every exception
Every variance needs an owner, a next action, and a due date so the month-end close does not become a pile of unresolved notes.
Variance worksheet
List all carrier statements received for the close period and mark any missing statements.
Compare policy-level commission paid against expected commission percentage and agency split rules.
Flag premium changes from endorsements, audits, cancellations, reinstatements, and rewrites.
Match agency bill deposits to open receivables and note partial payments or unapplied cash.
Separate timing differences from true errors so next month does not inherit stale noise.
Record variance owner, corrective action, due date, and current status before closing the period.
Month-end review checklist
Why agencies use this worksheet
Find leakage sooner
Commission errors are easier to recover when the statement, deposit, and policy record are reviewed in the same close cycle.
Create accountability
A variance without an owner is just another recurring close problem. This worksheet forces assignment before the month is closed.
Prepare for automation
AAMS turns this review into an operating workflow by reconciling carrier statements, commissions, and exceptions automatically.
Stop closing the month blind
Use the worksheet manually today, then let AAMS automate commission reconciliation, exception routing, and agency operations going forward.
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