This program checks for all transactions that have been paid since last generating the factoring process. The relevant invoice and customer balances held on the factoring file are adjusted accordingly. The system automatically updates the factored invoice payment immediately after the menu option is selected.
- In the menu, expand Base Modules > Distribution > Debtors & Claims > Accounts Receivable > Debtors Factoring > Other and then double-click Debtor Factored Inv Paym’t Update. ARO050 A/R Factoring Payment Update panel appears.
- Click OK and AR Factoring payment will get updated immediately.
