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.