How do I handle factoring invoices and payments in OnSite?
Tags: accounting, Invoicing, Payments, Receivables
Some of our customers choose to have an outside company factor their open invoices. This means that they "sell" the receivable to a company and are paid immediately for the invoice minus a small percentage of the amount of the invoice. Below is a link to a video on how to process the payment received from the factor
Factoring Payments