PANTHEON™ Help

 Toc
 PANTHEON Help - Welcome
[Collapse]PANTHEON
 [Collapse]Guides for PANTHEON
  [Expand]Guide for PANTHEON
  [Expand]Guide for PANTHEON Retail
  [Expand]Guide for PANTHEON Vet
  [Expand]Guide for PANTHEON Farming
 [Collapse]User Manuals for PANTHEON
  [Collapse]User Manual for PANTHEON
   [Expand]Getting Started
   [Expand]User Manual for eBusiness
   [Expand]Settings
   [Expand]Orders
   [Expand]Goods
   [Expand]Manufacturing
   [Expand]Service
   [Expand]Help
   [Expand]Personnel
   [Collapse]Financials
    [Expand]Posting
    [Expand]Accounting Dashboard
    [Expand]Accruals and Deferrals
    [Expand]Credits and leases
    [Expand]Payment Transactions
    [Expand]Subject Accounts
    [Collapse]Finances
     [Expand]Operating Reports
     [Expand]Summary Reports
     [Expand]Internal User Reporting
     [Collapse]External User Reporting
      [Expand]AJPES
      [Collapse]SKV for Bank of Slovenia
       [Collapse]Creating SKV Report
         Initial Balance Settings
         Import/Export of Goods and Services
         Factoring for Domestic Legal Entity
         Factoring for Foreign Legal Entity
         Buying Factoring from Non-resident
         Internal Company Set-off
         Credit Transactions
         Complaints and Credit Notes
         Customs Warehouses
         Other Transactions
         Displaying SKV Report
         Outstanding Items Report - Comparison with the SKV Report
     [Expand]Corporate Tax
     [Expand]Consolidated Financial Statements
     [Expand]Cross Reference
     [Expand]Browse Posts
     [Expand]Late Payments
    [Expand]Fixed Assets
    [Expand]Fiscal Year
    [Expand]Set-off
   [Expand]Analytics
  [Expand]User Manual for PANTHEON Retail
  [Expand]User manual for PANTHEON Vet
  [Expand]User Manual for PANTHEON Farming
[Collapse]PANTHEON Web
 [Collapse]Guides for PANTHEON Web
  [Expand]Guide for PANTHEON Web Light
  [Expand]Guide for PANTHEON Web Terminal
  [Expand]Guide for PANTHEON Web Legal
  [Expand]Old products Archive
 [Collapse]User Manuals for PANTHEON Web
  [Expand]Getting started PANTHEON Web
  [Expand]User Manual for PANTHEON Web Light
  [Expand]User Manual for PANTHEON Web Terminal
  [Expand]User Manual for PANTHEON Web Legal
  [Expand]Old products Archive
[Collapse]PANTHEON Granules
 [Collapse]Guides for PANTHEON Granules
  [Expand]Personnel Granule
  [Expand]Travel Orders Granule
  [Expand]Documents and Tasks Granule
  [Expand]Dashboard Granule
  [Expand]B2B Orders Granule
  [Expand]Field Service Granule
  [Expand]Fixed Assets Inventory Granule
  [Expand]Warehouse Inventory Granule
 [Collapse]User Manuals for PANTHEON Granules
  [Expand]Getting started
  [Expand]Personnel Granule
  [Expand]Travel Orders Granule
  [Expand]Documents and Tasks Granule
  [Expand]B2B Orders Granule
  [Expand]Dashboard Granule
  [Expand]Field Service Granule
  [Expand]Fixed Assets Inventory Granule
  [Expand]Warehouse Inventory Granule
  [Expand]Archive
[Expand]User Site

Load Time: 390.63 ms
"
   1323 | 1692 | 340353 | Updated
Label

Buying Factoring from Non-resident

Buying Factoring from Non-resident

Buying Factoring from Non-resident

010381.gif010382.gif010383.gif

The domestic legal entity A performs factoring (buying off receivable from non-resident W) for non-residents Y and W from the USA.

The receivable amounted to $5,000, and the purchase price is €4,500.

Posting factoring for W  1653 D $5,000
Posting subsequent payment on behalf of W  1100/1653 $5,000
 
Posting payables incurred for Y  2653 C €4,500
Posting subsequent payment on behalf of Y  2653/1100 €4,500

 

Payables of Non-resident Y in EUR:

+4.500 credit payable for non-resident Y (linked document: NT5)

006293.gif

+4.500 balance at the end of period concerned

Receivables for Non-Resident W in USD:

+5.000 debit receivable for non-resident W (linked document: NT5)
+5.000 credit balance at the end of period concerned

 


 

Rate this topic
Was this topic usefull?
Comments
Comment will also bo visible in forum!