Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

DEFINE FACTORING OF RECEIVABLE.

user-image
Question ajoutée par Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date de publication: 2014/12/08
Mir Mujtaba Ali
par Mir Mujtaba Ali , Internal Audit Manager , Confidential

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount

Kasto Kasto Wibowo
par Kasto Kasto Wibowo , Audit Manager , PT Berdikari (Persero)

  1. Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A Business will sometimes Factor itsReceivable Assets to meet its present and immediate Cash needs.

More Questions Like This