“My client gets invoices paid by his funder on a weekly basis, 90% of the invoice amount”
Whenever the invoice is sent for funding, you use Receive Payment, in Full, for the client’s invoice, then.
“The rest goes into a reserve account held by the funder, after subtracting any fees and interest.”
Resolution for 'commissions issue: 'Does anyone do accounts receiveable factoring?' available: Yes.
The commissions issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the commissions issue yourself by looking for a resolution described in the article. If it is a complex commissions issue or you are unable to solve the issue, you may contact us by clicking here or by using other commissions support options.
For more information about resolving issues related to commissions in Quickbooks/QBO or to get support for the issue 'Does anyone do accounts receiveable factoring?', click the link below: