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Factor Companies
The Factoring screens allow you to generate advances and reserves on invoices assigned to a factoring company and to track your invoices by matching them to the factor company's reports. The Factoring Receivables Report allows you to generate a list of the receivables which you have assigned to a factor company. Axon software is completely integrated. As a result, the factor company will be linked to your Chart of Accounts and will be displayed on your Financial Statements. In addition, the Bank Reconciliation will show your factor transactions and invoices along with outstanding checks, deposits and journal entries. Axon saves you time by adapting its software to meet your business requirements. We give you the tools to run your business more efficiently and more effectively.
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(c) Axon® Development Corporation |
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A
number of Axon's customers assign their accounts receivable to a
factor company. So we've enhanced our software to meet their needs.