Commissions Invoicing
Commissions Invoicing
SOFT4Factoring enables you to invoice commissions quickly and accurately - whether they are fixed amounts or percentages - directly from the invoice or agreement. Follow these steps to complete the process.
1. Set Up Commission Details in the Agreement
When creating a Factoring Agreement, select a factoring product that includes predefined interest and commission details.
While the agreement is still under Deliberation status, you can adjust some of these values.
Commissions may be configured as a fixed amount or a percentage.
Enter the corresponding value based on the selected type (e.g., 20 EUR/USD/GBP).
The system supports multi-currency, but operates primarily in your local currency by default.
2. Activate the Agreement
Once setup is complete and all parties (vendor, debtor, invoices, disbursements) are in place, change the agreement status to “Valid.”
3. Open the Invoice for Commission Billing
Navigate to the Open Invoices page from the main dashboard.
Select the invoice you want to process.
4. Choose How to Invoice the Commission
Option A:
From the open invoice list, click Invoice Charges
Select the appropriate commission type
Option B:
Open the Invoice Card
Click Process → Invoice Charges to proceed
5. Review Term Charges Before Invoicing (Optional)
Within the invoice card, go to the Term Charges section to check:
Commission type
Charge amount
The Fact Box provides a visual overview of charges, showing what has or hasn’t been billed.
6. Select the Invoicing Type
In the Invoice Charges pop-up window, choose the type of commission or charge you want to invoice:
Upfront Commission – Standard commission for factoring
Deferred Commission – Used for loan-based products
Interest – Charged to the vendor
Penalty Interest – Charged to the debtor
Deferred Commission + Interest
All – Invoice all available term charges at once
7. Post or Preview the Invoice
If you want to review the document before registering it, leave the “Post Created Invoices” checkbox unchecked, and click OK.
If you're ready to register immediately, check the box and proceed.
8. View and Register the Commission Invoice
Go to the Sales Invoices section from the main dashboard.
Open the newly created invoice and register it.
Click OK to complete the process and wait until it finishes.
9. Confirm Commission Billing
The billed commission amount will now be updated in the invoice.
Click the value to view its General Ledger entry, which includes:
Billed amount
Invoice ID
Agreement number
Additional accounting details
10. Export Commission Data (Optional)
Export commission billing data to Excel for further use:
Reconciliation
Import into accounting software
Financial reporting and audit preparation
That’s how you invoice commissions in SOFT4Factoring!
This process ensures accuracy, traceability, and integration with your overall financial workflow.
SOFT4Factoring enables you to invoice commissions quickly and accurately - whether they are fixed amounts or percentages - directly from the invoice or agreement. Follow these steps to complete the process.
1. Set Up Commission Details in the Agreement
When creating a Factoring Agreement, select a factoring product that includes predefined interest and commission details.
While the agreement is still under Deliberation status, you can adjust some of these values.
Commissions may be configured as a fixed amount or a percentage.
Enter the corresponding value based on the selected type (e.g., 20 EUR/USD/GBP).
The system supports multi-currency, but operates primarily in your local currency by default.
2. Activate the Agreement
Once setup is complete and all parties (vendor, debtor, invoices, disbursements) are in place, change the agreement status to “Valid.”
3. Open the Invoice for Commission Billing
Navigate to the Open Invoices page from the main dashboard.
Select the invoice you want to process.
4. Choose How to Invoice the Commission
Option A:
From the open invoice list, click Invoice Charges
Select the appropriate commission type
Option B:
Open the Invoice Card
Click Process → Invoice Charges to proceed
5. Review Term Charges Before Invoicing (Optional)
Within the invoice card, go to the Term Charges section to check:
Commission type
Charge amount
The Fact Box provides a visual overview of charges, showing what has or hasn’t been billed.
6. Select the Invoicing Type
In the Invoice Charges pop-up window, choose the type of commission or charge you want to invoice:
Upfront Commission – Standard commission for factoring
Deferred Commission – Used for loan-based products
Interest – Charged to the vendor
Penalty Interest – Charged to the debtor
Deferred Commission + Interest
All – Invoice all available term charges at once
7. Post or Preview the Invoice
If you want to review the document before registering it, leave the “Post Created Invoices” checkbox unchecked, and click OK.
If you're ready to register immediately, check the box and proceed.
8. View and Register the Commission Invoice
Go to the Sales Invoices section from the main dashboard.
Open the newly created invoice and register it.
Click OK to complete the process and wait until it finishes.
9. Confirm Commission Billing
The billed commission amount will now be updated in the invoice.
Click the value to view its General Ledger entry, which includes:
Billed amount
Invoice ID
Agreement number
Additional accounting details
10. Export Commission Data (Optional)
Export commission billing data to Excel for further use:
Reconciliation
Import into accounting software
Financial reporting and audit preparation
That’s how you invoice commissions in SOFT4Factoring!
This process ensures accuracy, traceability, and integration with your overall financial workflow.