Brokerages Switching to Applied Epic
Accounting support for brokerages moving onto Applied Epic
Brokerages migrating their accounting from a legacy broker management system onto Applied Epic, where opening balances, trust continuity, and module setup all have to be right.
The pain points we hear
- Opening balances that don't carry over cleanly to Epic
- Trust continuity at risk during the cutover
- An Epic accounting module nobody has configured properly
- Historical data that arrives dirty after migration
- Staff unsure how to run accounting in the new system
How we help
- Opening balance setup and validation in Applied Epic
- Trust account continuity through the cutover
- Applied Epic accounting module configuration
- Post-migration data cleanup and reconciliation
- Documented Epic accounting processes for your team
What breaks during an Epic migration
A broker management system migration is where brokerage accounting most often breaks, because two things happen at once — the historical data moves, and the accounting processes get rebuilt. Either can go wrong quietly.
Opening balances are the first risk. Commission receivable by carrier, premiums payable to insurers, producer payables, and the trust position all have to land in Applied Epic at the right values as of the cutover date. Entered as summary figures rather than at the detail level, every reconciliation afterwards carries an opening difference that never clears.
Trust continuity is the second. The trust position has to be reconcilable across the cutover, with the balance the day before and the day after tying to the same supporting detail. Regulators expect that record to be continuous regardless of which system it lives in.
Configuration is the third. Epic's accounting module has to be set up for how the brokerage actually bills, with the general ledger structure, reconciliation settings, and direct-bill and agency-bill workflows matching the book. Most post-migration cleanup is not corrupted data — it is a module left on defaults that never matched the business.
Ready to talk about your brokerage?
Discovery calls are 30 minutes, no obligation. We'll walk through your books, your reporting needs, and what good would look like.
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