> ## Documentation Index
> Fetch the complete documentation index at: https://docs.aiinsurance.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Overview

The Event Financials API allows you to manage financial reserves for FMV1 events (claims and incidents).

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## API Endpoints

### Reserves & Totals

* **[Update Expected Totals](/api-reference/field-model-events/update-expected-totals)** - Set expected total (reserve) for a financial category

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## Amount Conventions

The PATCH expected-totals endpoint accepts amounts in **dollars** (not cents), matching the legacy endpoint convention.

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## Reserves vs Expected Totals

* **Expected Total**: The anticipated total cost for a category (set by user/adjuster)
* **Reserves**: Calculated as `expectedTotal - paid - owed`

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## Permissions

| Operation              | Permission                          |
| ---------------------- | ----------------------------------- |
| Update Expected Totals | `claim:update` or `incident:update` |