| Settle,Repay/Unfactor Specific Invoices (tfcmg6100m000) |  |
| Use this session to refine the selection of documents to be settled or repaid that results from the selection criteria you entered in the Settle, Repay/Unfactor Factored Invoices (tfcmg6200m000) session. If you click Process All Pay-by BP, ERP LN performs the following actions: For the documents to be settled, ERP LN enters the postings to reverse the entries on the Contingent Liability for Factored Invoices account. For documents that are reopened, ERP LN creates a correction document and links it to the open entries. The postings to reverse the entries on the Contingent Liability for Factored Invoices account are also created. For the documents to be repaid, ERP LN generates a credit note in favor of the factor and a debit note in the favor of the original pay-by business partner. Related topics Factoring To process factored sales invoices Factoring with recourse Factoring without recourse Factoring - receipts
Fields | Description
Factor | The factor for whom you selected the documents to be settled or repaid.
Factor | The factor for whom you selected the documents to be settled or repaid.
Original Pay-by Business Partner | If you selected the documents of one business partner, this is the original pay-by business partner of the doucments. If you selected the documents of multiple business partners, this field is empty.
Batch | The batch for the transactions created in the Settle, Repay/Unfactor Factored Invoices (tfcmg6200m000) session.
Document | The transaction type.
Document | The document number.
Document Type | The type of receipt, for example, a Sales invoice, a credit note, or an Advance receipt.
Currency/Rate | The invoice currency
Factored Amount | The factored amount in the invoice currency.
Factoring Commission | The factoring commission amount in the invoice currency.
Amount Settled | If the invoice has been partially settled, the amount already settled, in the invoice currency.
Amount to be Settled | The amount still to be settled in the invoice currency. The default amount is the amount received minus the amount settled.
Selected | To select a document for processing, select this check box. On the Specific menu, you can click Select all to select all the documents, and you can click Deselect All to clear the selection.
Repay Amount | The amount to be repaid, in the invoice currency. The default repay amount is: Repay amount = Amount received – (Amount settled + Factoring commission paid).
Unfactored Amount | The amount for which no money has been received from the factor and for which the document must be reopened, in the invoice currency. Unfactored amount = Amount factored – Amount settled – Amount repaid.
Invoice Date | The document date.
Factoring Commission Paid | The factoring commission paid on this invoice, in the invoice currency.
Amount Received | The amount received from the factor for this invoice, in the invoice currency.
Recourse | If this check box is selected, factoring of this invoice is with recourse.
Discount | The discount amount of the invoice.
LPS | The late payment surcharge amount of the invoice.
Commands | Description
Process All Pay-by BP | Starts processing the selected documents.
Process All Pay-by BP | Selects all the documents for processing.
Select all | Deselects all the documents.