<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tf/onlinemanual/000421" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">To set up factoring of accounts receivables</Title>
		<Keyword><Level1>Factoring</Level1>
			<Level2>set up accounts receivables</Level2>
		</Keyword>
	</Header>
	<GeneralSection><ProcedureList><ListIntro>To set up factoring of your sales invoices, use the following sequence of sessions:</ListIntro>
			<ListItem><GUIRef href="/baanerp/tf/gld/tfgld0103s000" role="session">Company Parameters (tfgld0103s000)</GUIRef> To factor the accounts receivables that are processed through the current financial company, select the <GUIRef href="/baanerp/tf/gld/tfgld0103s000#tfgld004.infa" role="formfield">Factor Invoices</GUIRef> check box. In a multicompany structure, you must do this for every financial company in which you want to use factoring.</ListItem>
			<ListItem><List><ListIntro><GUIRef href="/baanerp/tf/acr/tfacr0500m000" role="session">ACR Parameters (tfacr0500m000)</GUIRef> Define the transaction types for factoring without recourse and for factoring with recourse. The transaction types must be of the following categories:</ListIntro>
					<ListItem>For <GUIRef href="/baanerp/tf/acr/tfacr0100s000#tfacr000.ftyp" role="formfield">Send With Recourse</GUIRef>, use <GUIRef href="/baanerp/tf/domains/gld.catg#journals" role="enum">Journal Vouchers</GUIRef>.</ListItem>
					<ListItem>For <GUIRef href="/baanerp/tf/acr/tfacr0100s000#tfacr000.tynr" role="formfield">Send Without Recourse</GUIRef>, use <GUIRef href="/baanerp/tf/domains/gld.catg#sales.inv" role="enum">Sales Invoices</GUIRef>.</ListItem>
				</List> category.</ListItem>
			<ListItem><GUIRef href="/baanerp/tf/acr/tfacr0111m000" role="session">Ledger Accounts by Business Parter Group (tfacr0111m000)</GUIRef> Select a ledger account and dimensions for the <GUIRef href="/baanerp/tf/domains/acr.tran#factored" role="enum">Invoice Factored</GUIRef> kind of transaction.</ListItem>
			<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg0100s000" role="session">CMG Parameters (tfcmg0100s000)</GUIRef>
				<List><ListIntro>On the Factoring Details tab, enter the following data:</ListIntro>
					<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg0100s000#tfcmg000.fcac" role="formfield">Ledger Account</GUIRef>.</ListItem>
					<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg0100s000#tfcmg000.fcpp" role="formfield">Commission on Partial Payments</GUIRef>: Define way in which you want to calculate and post the factoring commission on partial payments.</ListItem>
					<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg0100s000#tfcmg000.clac" role="formfield">Ledger Account</GUIRef>.</ListItem>
					<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg0100s000#tfcmg000.cadn" role="formfield">Create debit notes while repaying</GUIRef>. To create debit notes, select this check box. To reopen the unpaid invoices, clear this check box.</ListItem>
					<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg0100s000#tfcmg000.rtyp" role="formfield">Re-open Invoices</GUIRef>.</ListItem>
					<ListItem><GUIRef href="/baanerp/tf/cmg/tfcmg0100s000#tfcmg000.tsfr" role="formfield">Settle/Unfactor Recourse Invoices</GUIRef>.</ListItem>
				</List>
			</ListItem>
			<ListItem><GUIRef href="/baanerp/tc/com/tccom4100s000" role="session">Business Partners (tccom4100s000)</GUIRef> Define each factor as a business partner and select the <GUIRef href="/baanerp/tc/com/tccom4100s000#tccom100.fact" role="formfield">Factor</GUIRef> check box. You must define the invoice-to and pay-by roles for the business partner.</ListItem>
			<ListItem><GUIRef href="/baanerp/tf/acr/tfacr0116m000" role="session">Pay-by Business Partners By Factor (tfacr0116m000)</GUIRef> Assign pay-by business partners to a factor. You can assign a pay-by business partner to more than one factor, and you can indicate one of the factors as the default factor for the business partner.</ListItem>
		</ProcedureList>
	</GeneralSection>
	<RelatedTopics><SectionTitle>Related topics</SectionTitle>
		<RelTopic><Link href="/baanerp/tf/onlinemanual/000423" role="manual">Factoring of accounts receivables</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tf/onlinemanual/000430" role="manual">Bank reference numbers</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tf/onlinemanual/000424" role="manual">Factoring with recourse</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tf/onlinemanual/000425" role="manual">Factoring without recourse</Link>
		</RelTopic>
		<RelTopic><Link href="/baanerp/tf/onlinemanual/000426" role="manual">Factoring - receipts</Link>
		</RelTopic>
	</RelatedTopics>
</ManualTopic>
