Accounting Info

Awasome Accounting Factoring Receivables Ideas . Essentially, a factoring transaction is recorded as a sale of the receivables, and a gain or loss (usually a loss) is recognized on the receivable transferred to the factor. When factoring receivables, the business will receive an advance that’s typically 80% of the. PPT Current assets PowerPoint Presentation ID5125318 from www.slideserve.com Factoring transactions bookkeeping step one. Traditional loans and lines of credit can be used for any number of reasons to help your. When factoring receivables, the business will receive an advance that’s typically 80% of the.