what experience or suggetsions do people have about recording the Invoice Factoring?

AI generated answer (using internal Slack threads):

Based on the conversations, here are some experiences and suggestions about recording Invoice Factoring: 1. Recording Transactions at Zero Value: If you want to record a transaction at zero value, you can do so either by an invoice or a cash sale. However, be aware that standalone transactions will hit COGS with an inventory item and decrease inventory. You can bypass this by recording them with a rate/quantity mismatch that sets the quantity at 0. This works on Credit Memos. If you're using advanced revenue management, make sure your bundles and fair values are calculating correctly. 2. Recording Processing Charges: For recording processing charges from payment processors like Stripe, one method is to record the customer payment into a deposit and use the cash back tab on the deposit transaction for the fees. This ensures that both the Bank Rec activity and the customer activity are correct. If you're processing a large number of transactions and need an automated solution, you might consider scripting it. 3. Recording Amazon FBA Transactions: For recording Amazon FBA transactions, some businesses use integrations like Celigo and post hundreds of invoices per day. Refunds are recorded as cash refunds using the actual inventory items. When doing the Settlement, the payments and fees are posted, with fees recorded via a Journal Entry as part of the settlement. Invoices and cash refunds are recorded at GROSS amounts, and the fees or refunds of fees are recorded collectively via a JE. The customer payments are recorded at gross as well and are applied to invoices. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******