| Repay Advances (tfcmg6201m000) |  |
| Use this session to repay advance payments that you received from the business parter. You can repay advance payments to factors as well as to other types of pay-by business partners. For factored invoices, if the customer does not pay the invoice, the factor will request to be reimbursed. For details, refer to Factoring. Click Repay to generate credit notes for the business partner that cover the selected advance payments. The credit note is composed, printed, and posted in Central Invoicing. You can view the credit note in the Debit/Credit Note Invoice Data (cisli2580m000) session. After repaying an advance, you must unfactor an equal amount in the Settle, Repay/Unfactor Factored Invoices (tfcmg6200m000) session. For details, refer to Factoring - receipts. Click Specific Advances to list the selected advances in the Specified Advances (tfcmg6211m000) session. You can use this session to refine the selection. Related topics Factoring To process factored sales invoices Factoring with recourse Factoring without recourse Factoring - receipts
Fields | Description
Pay-By BP | The pay-by business partner from whom you received advance payments on factored invoices. Related topics Factoring - receipts
Transaction Type | The From and To fields define the range of transaction types for which you want to repay the advance payments.
Transaction Type | The From and To fields define the range of transaction types for which you want to repay the advance payments.
Document No. | The From and To fields define the range of advance payments receipts for which you want to repay the advance payments.
Document No. | The From and To fields define the range of advance payments receipts for which you want to repay the advance payments.
Line | The From and To fields define the range of advance payments receipts for which you want to repay the advance payments.
Line Number | The From and To fields define the range of advance payments receipts for which you want to repay the advance payments.
Document Date | The From and To fields define the range of document dates of the advance payments receipts for which you want to repay the advance payments.
Document Date | The From and To fields define the range of document dates of the advance payments receipts for which you want to repay the advance payments.
Factoring Commission Percentage | The default or average factoring commission percentage that applies to the advances. An advance can be received for invoices belonging to more than one customer. The advance is for an amount minus the factoring commission. When the advance is received, ERP LN does not post the factoring commission. But when the advance is repaid, the factoring commission must also be paid . As the advance can be for invoices of more than one customer, the factoring commission percentage cannot be retrieved from the Pay-by Business Partners By Factor (tfacr0116m000) session. Therefore, you can enter a average or a default percentage in this session. Related topics Factoring - receipts
Commands | Description
Repay | Generates credit notes for the business partner that cover the selected advance payments. The credit note is composed, printed, and posted in Central Invoicing. You can view the credit note in the Debit/Credit Note Invoice Data (cisli2580m000) session.
Specific Advances | Starts the Specified Advances (tfcmg6211m000) session. You can use this session to refine the selection.