Payables and Cash Management - EBS (MOSC)

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Remittance to Factor Accounts

edited Oct 2, 2009 7:17AM in Payables and Cash Management - EBS (MOSC) 4 commentsAnswered
 Hi,

I am working at a client that has thousands of suppliers some of which use Factoring companies to deal with their receivables.  The way Oracle says to setup Factoring companies is to create a separate site called 'Factor'.

In a number of cases the same Factoring company is used.  Is it possible to combine the remittance advice for each Factor company rather than sending a separate remittance to each site for each site?

Thanks for your help

Jon

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