Hi,

Can anyone share their experiences in confirming payment used in Spain and how to manage that in IFS10.

Confirming is a financial service used to manage a company's payments to its suppliers. The financial institution that offers the Confirming advances the amount of the invoice in question to the supplier, who can collect this invoice in advance by financing it before its due date.

With Confirming, the customer company sending the bank the confirmed payment orders before their due date; then the bank informs the suppliers of the amount and payment date, and gives them the option to choose between collecting the invoice early by financing it, or waiting until its due date