Hi,

We need to set up factoring for our own side

After having parameterized “Factor” as a customer (itbp, pfbp) and having defined each BP to be yielded to “Factor”, We tested the process

Step 1) Invoicing
Step 2) Send to the factor selected Invoiced

Step 3) payment
At this stage we don't understand the logic of ERP LN :
-Is it the payement from the “Factor” of the yielded invoices?
Or
-Is it the stage of payement of the invoice by our customer?

This is not clear and in each way, it seems to miss a step or something else
Our need is to yield invoices and in the same time to continu to "ticked" payement by customer

-If we see step 3 as payement from Factor, Invoices are regarded as balanced and we can not follow real payment

-If we see step 3 as customer payement, we can not follow "Factor" payement for which invoices

Have documentation which we could use?
Is somebody have implemented that?
How to solve this problem?

All your help or ideas are welcome
Thanks in advance

Regards

I'm testing the same thing now. It's a payment by factor that is considered invoice payment here and as a result, the invoice balance in tfacr200 gets updated. Next step is the reconciliation after the payment is collected from the real customer. You run tfcmg6200m000 Settle,Repay/Unfactor Factored Invoices session. This way you tell the factor the money has been collected and the invoice is no longer outstanding.