Factoring accounts receivables escrow - Ask and Answer Questions https://aipb.org/community/bookkeeping-general/factoring-accounts-receivables-escrow/ American Institute of Professional Bookkeepers Discussion Board en-US Mon, 17 Aug 2026 07:14:28 +0000 wpForo 60 Factoring accounts receivables escrow https://aipb.org/community/bookkeeping-general/factoring-accounts-receivables-escrow/#post-2937 Sat, 09 Oct 2021 02:50:43 +0000 I have a client who factored his accounts receivables.  Anyway, it was a bad deal and he ended up with a promissory note.  He was able to pay the promissory note off with a settlement. But this left a balance in the Factoring Escrow account. Does this balance become income?

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