Logistics
Reverse Factoring (Supplier Payment)
When a bank pays a logistics sub-contractor early on behalf of the main company.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Payable: Carrier | Liability (-) | 1,000.00 | - |
| Bank Financing (SCF Liability) | Liability (+) | - | 1,000.00 |
💡 Accountant's Note
In Supply Chain Finance (SCF), the logistics firm moves its debt from a 'Trade Payable' to a 'Bank Debt' because the bank paid the trucker immediately.
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