Time is a crucial resource that every organization treasures and attempts to convert in a reward. In choosing document management software program, take note of a clutterless and user-friendly interface that empowers customers. DocHub delivers cutting-edge features to enhance your file management and transforms your PDF file editing into a matter of a single click. Delete Circle in the Factoring Agreement with DocHub in order to save a ton of time and enhance your efficiency.
Make PDF file editing an simple and easy intuitive operation that will save you a lot of valuable time. Quickly change your documents and give them for signing without switching to third-party options. Give attention to relevant tasks and improve your file management with DocHub right now.
knowledge is power make an impact by learning more cause right now for more help at eight six six nine four five eight zero sevens factoring receivables in QuickBooks Online so were looking at an accounts receivable aging detail all based on some invoices that were posted on March 1st and all of which weve sold to our factors so we want to get this recorded and as I mentioned in the write-up the temptation is going to be to receive payments on these invoices but thats not the correct thing to do because these invoices havent actually been paid yet all you the clients still owe you the money so you definitely want to keep it on record in your accounting that the client still owe you this money and consider especially if your factor has recourse meaning they can force you to buy the invoice back if it doesnt collect get collected in a certain period of time then the client will definitely still owe you the money so the bottom line is this doesnt mean these invoices are paid in fact