Order of Operations: Events and Snapshots

Snapshots and loan events remain separate records. The latest applicable snapshot anchors the carrier policy-loan balance on its effective date; a draw, repayment, or Current Balance correction records what changed and why. Historical draw rows can preserve original and current-remaining amounts without moving that carrier balance.

Event First, Then Snapshot

You record a $5,000 repayment through Log repayment. The Banking Ledger gains a Loan Repayment entry and the tracked loan balance decreases by $5,000.

When a later snapshot records the carrier's balance, Policy Stack reconciles the persistent carrier account through an append-only adjustment. If a nearby event already explains the change, Policy Stack can avoid asking about it again.

Snapshot First, Then Follow-Up

You record the carrier snapshot before recording the $5,000 repayment. The snapshot anchors the balance. If Policy Stack detects the decrease, the follow-up records the repayment and its draw assignment without applying the balance decrease again.

If the follow-up is skipped, no repayment record or draw assignment is created. The carrier balance and snapshot history are still preserved.

No Double Application

Policy Stack checks whether the snapshot already reconciled the account. A follow-up either applies a new event once or records only the characterization and draw assignment. The same draw or repayment is never applied twice. A nominal rise is recorded as capitalized interest, not as a new draw.

Correcting a Tracked Balance

Editing the latest applicable snapshot updates the carrier anchor through a reversal-and-reapply correction. Editing a backdated snapshot changes history without overwriting a newer carrier balance. Correct the applicable draw or repayment record when its characterization is wrong.

IBLOCs Stay Separate

Insurance-Backed Lines of Credit (IBLOCs) are issued by a third-party bank, not by the carrier. Carrier statements do not report IBLOC balances. A policy snapshot can update the collateral cash value used by IBLOC LTV, but the IBLOC balance is maintained with Record draw, Record repayment, or Edit Loan on the IBLOC detail page.

See Snapshot Loan-Balance Review and How IBLOCs Interact with Snapshots.

Disclaimer: Policy Stack is a tracking and visualization tool. It does not provide financial advice, recommendations, or opinions. The concepts described here are for educational purposes. Policy Stack is independent of and is not affiliated with, sponsored by, or endorsed by Infinite Banking Concepts, LLC or the Nelson Nash Institute.