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Is Supplier Factoring possible in Payables?

Summary:

Supplier Factoring (Accounts Payable Factoring): Also known as "Confirming" and "Productive Chains", it is the model where a Buyer pays its Suppliers in advance through a prompt payment program with a factoring company.

Content (please ensure you mask any confidential information):

It is necessary to be able to record this information as well as the interest generated by these advanced payments.

Version (include the version you are using, if applicable):

24A


Code Snippet (add any code snippets that support your topic, if applicable):

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