Issue Resolution:


Sage 50 does notve currently support ndor payments to factoring companies. However, the following steps can be used as a workaround:

  1. Go to Maintain, Vendors
  2. Select Vendor
  3. Click on Addresses tab
  4. Enter Factoring Company information into a Remit to address line, click Save
  5. Create a Payment (see Article ID located in Related Resources)
  6. Select the Vendor
  7. Click the drop down menu for the Mail To field
  8. Select the Remit to address for the Factoring Company
  9. Check Pay box next to the Vendor Invoice, click Save or Print

Resolution for Issue 'How do I make a payment to a Factoring Company for a vendor bill?' available: Yes (Solved).
Source: Sage Community forums.
Disclaimer: Accounting File Repair Support is an independant provider of database-related services and is not affiliated with Sage or Intuit.

How do I make a payment to a Factoring Company for a vendor bill?: this issue or error code is a known issue related to Sage accounting products. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Sage issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If you are experiencing too many issues, you may want to export Sage 50 to Quickbooks. See also: convert Sage 50 Quantum to Sage 50 Pro/Premium or import Sage. If it is a complex issue or you are unable to solve the issue, you may contact us by contacting Sage Repair or by using other support options.

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