I am running trucking company and used to get my invoices factored from factoring company. Please someone help me to record the transactions related to factoring. Thanks

Hi info-morlogistic,

Welcome to Community!  QuickBooks Online enables you to record and track your transactions with associated fees and applicable sales tax.  However, trucking companies are complex, so it's important to ensure all income and expenses are entered accurately, while meeting with government guidelines.  For these reasons, I recommend reaching out to an accounting professional for their expertise and best course of action.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

Feel free to reach back out with any other questions.  We would be happy to help!