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									Journal Entries Related to Factoring Invoices - Ask and Answer Questions				            </title>
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            <description>American Institute of Professional Bookkeepers Discussion Board</description>
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                        <title>Journal Entries Related to Factoring Invoices</title>
                        <link>https://aipb.org/community/bookkeeping-general/journal-entries-related-to-factoring-invoices/#post-815</link>
                        <pubDate>Fri, 14 Aug 2020 13:15:55 +0000</pubDate>
                        <description><![CDATA[I would like to know what are the journal entries to enter for a company that has sold its invoices to a factoring company; and is getting paid by the factoring company for these invoices, m...]]></description>
                        <content:encoded><![CDATA[<p>I would like to know what are the journal entries to enter for a company that has sold its invoices to a factoring company; and is getting paid by the factoring company for these invoices, minus fees and taking into account the loan the factoring company initially provides the company and which gets paid off.</p>]]></content:encoded>
						                            <category domain="https://aipb.org/community/bookkeeping-general/">Ask and Answer Questions</category>                        <dc:creator>Richard</dc:creator>
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