How to account for a factoring arrangement — AccountingTools
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WEBDec 20, 2023 · Accounting for a Factoring Arrangement. Essentially, a factoring transaction is recorded as a sale of the receivables, and a gain or loss (usually a loss) is on the receivable transferred to the factor. For example: Needy Company sells a group of its receivables to Finance Company for $100,000, and receives in exchange $90,000 from …
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