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this is Seth David from the world famous nerd enterprises incorporated bringing to you another special screencast this time were talking about factoring your receivables and how to record it in QuickBooks and of course the first question is why would you want to do that and that is an excellent question because if I get a call from a client and they tell me that they need my consulting help and they tell me that the core issue is that their factoring their receivables I cringe Im like I dont want that client why because its a lot of headaches its a pain of the accounting for factoring your receivables is a big pain in the neck whats worse is I have yet to come across a single factor that actually provides you with helpful reports usually the reports are very unclear as to how the money is flowing you know what they paid how they paid it how it all adds up usually its like the factors just want to take a lump sum in it and they want you to just take their word for it that these i
