Invoice finance
Problem reported by Nicola williams 10 years ago
Can someone explain where I allocate money in from invoice finance and how I eventually show the invoice paid? Thank
SolvedSolvedSolved
Hello Nicola,
You will need to show the money coming in from the Invoice Finance company via Money > Manage Money. This will be explained to the invoices in which they are recovering for you.
If they are unable to recover the full amount, you will need to navigate to those invoices and then the amount which is left over, you will need to use the options to write it off. This will be considered the fee in which the invoice financing company is charging you rather than the bad debt.
Please can you try this on the demo account to see if that works.
Vanish.
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