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A/R transfer to secondary company possibly called A/R Factoring Company in Dynamics GP

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Posted on by Community Member Microsoft Employee

Has anyone developed a process by which one GP company may conduct all of the sales business and then transfer all of the unpaid invoices and associated Accounts Receivable to another GP company for normal A/R processing? The second company gets paid for its services by keeping a percentage of the dollar amounts of the invoices transferred. The originating company gets paid daily for all unpaid invoices transferred less the percentage agreed upon.

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Community Member Microsoft Employee on at

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RE: A/R transfer to secondary company possibly called A/R Factoring Company in Dynamics GP

Thank you for the offer, Gerald. We'll keep you in mind but were really looking for a partner that already had a complete solution in place so that we could avoid reinventing it. The customer request seemed like it might be more broadly used than it now appears. The result would be to protect A/R balances from exposure to liability claims according to attorneys for our customer. Best regards.
Gerald Buenafe BTP 280 on at

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RE: A/R transfer to secondary company possibly called A/R Factoring Company in Dynamics GP

Hello,

We have not done your process yet, but have created from a SAles Invoice into a Payable invoice to another company. We have created an addin in combination with eConnect to create and move the data from one company to another. if you want to discuss your requirement, you can email me, gbuenafe@btptek.com