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Factoring Flash Tutorials

Online Applications
Online Invoice Creation - 10 minutes
If you don't use Quickbooks®, this is for you. Learn how to create your invoices online from any computer, anywhere, anytime.

Quickbooks® Factoring Integration - 10 minutes
Attention Quickbooks® users. This revolutionary application is a first in the factoring industry. Learn how to create your invoices in Quickbooks® offline, and upload your invoice data to our server. It's like we are all sharing the same virtual office. Also, we display, on your "Wires" web page, the correct entries you should manually post into Quickbooks® to adjust for the factoring activity and keep your books in balance. No other factoring company offers this free service.

Electronic Timesheets - 8 minutes
Attention Staffing Companies. Learn how to free yourself, your workers and their managers or supervisors from paper timesheets. But it's so much more than that. Since the timesheet data represents most of the data that makes up staffing invoices, you will, essentially outsourece your billing time to your workers by using this amazing application. This will free you up for the most important aspects of you business: sales, training and worker and client relations.

Misc
Invoice Approval Walk-through - 2 minutes
Teach your Invoice Approvers who work for your customers the simple steps to approve your invoices online.

Faxing & Uploading Backup (Coming Soon)

Accounting
Manual Accounting Adjustments- 6 minutes
If you create invoices using an accounting system, such as Quickbooks®, and then factor the invoices, your accounting system will be immediately out of balance. Your accounting system and your Balance Sheet will reflect an increase in both accounts receivable and cash (your factoring advance). The result is a doubling in assets and net worth. Since this is not true, you must adjust your accounting system. Most factoring clients hand this job over to the company accountant, which can be costly. 21st Capital Corp provides the proper accounting adjustments, free of charge, so you can make them yourself, which this demo teaches, either for each factored transaction, or at the end of an accounting period, e.g., monthly, quarterly, or annually.

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