Should i use a factoring company , how do i marry up invoices on here

Thank you for reaching out to the Community, mac-studio. I know some helpful information regarding factoring companies. 

Accounting for factoring companies is challenging since this matter involves personal data and creating an account within your Chart of Accounts. You can manually do it by following these steps: 

Step 1: Create a liability account for the factored invoices. 

1. Go to the Gear icon located at the upper right corner, and select the Chart of Accounts under the Your Company column. 
2. Click New. 
3. Press the Account Type dropdown and click the liabilities account. 
4. Fill out other necessary information such as the Detail Type, and Name. 
5. Once done, press Save and Close. 

Step 2: Create an expense account for the factored fees. 

1. Go to the Gear icon located at the upper right corner, and select the Chart of Accounts under the Your Company column. 
2. Click New. 
3. Press the Account Type dropdown and click the expense account. 
4. Fill out other necessary information such as the Detail Type, and Name. 
5. Once done, press Save and Close. 

Step 3: Create an invoice

1. Go to the +New and choose Invoice. 
2. Add the important details such as the name of your customer in the Customer dropdown, Product/Service, QTY, Rate, and Amount.
3. Once you're done, click Save and Close. 

Step 4: Receive the payment

1. Go to the +New and click Recieve payment. 
2. Choose a customer. 
3. Tick the specific invoice/s.
4. Click Save or Save and Close. 

Step 5: Apply the payment to your loan. 

1. Go to the +New and click Bank Deposit.  
2. Choose a customer. 
3. Tick the specific invoice/s.
4. Click Save or Save and Close. 

As you navigate to your Chart of Accounts and create an account for your factored invoices or fees, it's best to consult to your accountant for more accurate results since this matter involves recording financial information. 

Furthermore, you can also customize invoices, estimates, and sales receipts in QuickBooks Online in case you'd like to add some specifics to your sales forms. 

We're always here if you need our assistance. Just comment down below for us to help you properly. Take care.