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Hello,

I have this question:

What is the simplest or the standard functionality in IFS to manage Supplier Payments to a Factor (another supplier) – so when we are posting a MSI from Supplier A, what is the best way to record information that the invoice should be paid to a different entity (payee) – so when we reach supplier payment proposal or is already with the payee changed (from what was record on the MSI posting) or at lest how we are informed.

Main point: how IFS deals with factoring.

Thanks for the help.

Hello,

In the supplier master, you can indicate Other Payee. 

Hello @Adam Bereda 
The point is that it won’t always be the same Supplier. Either that Supplier can pay himself, or another can pay. 

I can only know this when the invoice is confirmed for payment by the Supplier.

I am not sure if you can indicate other payee on invoice installment directly or change it in payment proposal. It may depend on IFS system version you are using. 

In my current project (version 7.5) similar possibility has been added as customization

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