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| Odoo Apps Dependencies |
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Invoicing (account)
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| Lines of code | 206 |
| Technical Name |
l10n_mx_edi_factoring |
| License | OPL-1 |
| Website | http://www.vauxoo.com/ |
| Versions | 18.0 19.0 |
EDI Financial Factoring
This Financial Factoring module for Mexican Localization allows satisfying the SAT indication which establishes that a financial factor can buy my customer's debts. In doing so, payment complement shall be emited in financial factor's name instead of my original customer's name.
The process is Described in Guía de Llenado de complemento de pago at page 67
Further information on Financial Factoring can be found at Wikipedia
Summary of SAT Financial Factoring
When the Factoree (Factorado) approaches to Financial Factor (Factorante) with a batch of invoices to be collected to a Customer. Factoree relinquishes its rights to claim the collection of the invoices and in exchange it receives a money share - let us say 80% - of the total of the invoices to collect (First Payment).
The Financial Factor invoices the Factoree its Loaning Services - it can be 5% the total amount to collect. These Loaning Services serve the basis for a compensation made to the invoices involved in the financial factoring - that is the name of this kind of transaction. Thus it serves as Second Payment. So Financial Factor is withholding 15% of the total of the invoices to collect. That amount serves as warranty.
At Due Date Financial Factor approaches Customer to collect the dued invoices. If successful, then Financial Factor releases the withheld warranty minus the interest - Let it be 3% of total amount. Thus the amount released is 12%. Here we have two transactions: the released warranty (Third Payment) and the interest that is to be invoiced by the Financial Factor to the Factoree which will be used to compensate and ultimately fully pay the Customer invoices (Fourth Payment).
It is to be noticed that all payments and compensations are to be signed (CFDI XML) on Financial Factor's name not on Customer's. Though from the accounting point of view the customer has being paying its invoices.
Billing because of Loaning Services and Loaning Interest and Warranty Withholding vary upon trust of the parties - Financial Factor and the Factoree.
Usage
After installing this module you will be able to:
- See the Financial Factor field in Open or Paid Customer Invoices.
- Set a Financial Factor in a Open Customer Invoice if no other has been set.
- Set a Financial Factor to blank if there are no outstanding payments in the Customer Invoice.
- Switch to a different Financial Factor while there are no outstanding payments.
- Apply a payment from wizard Register Payment on a Customer Invoice bearing a Financial Factor. And having the CFDI XML payment signed on Financial Factor's name & VAT instead of Customer's.
- Apply a payment from wizard Register Payment on a Customer Invoice bearing no Financial Factor. And having the CFDI XML payment signed on Customer's name & VAT.
- Apply a payment in bulk using wizard Register Payment on Customer Invoice list view bearing the same Financial Factor. And having the CFDI XML payments signed on Financial Factor's name & VAT instead of Customer's.
- Apply a payment in bulk using wizard Register Payment on Customer Invoice list view bearing no Financial Factor. And having the CFDI XML payments signed on Customer's name & VAT.
- Apply a payment from Bank Statement on one or several Customer Invoices bearing the same Financial Factor. And having the CFDI XML payments signed on Financial Factor's name & VAT instead of Customer's.
- Apply a payment from Bank Statement on one or several Customer Invoices bearing no Financial Factor. And having the CFDI XML payments signed on Customer's name & VAT.
If a customer always use a Financial Factor, that could be defined in the partner and will be propused by default when is created a paymnent.
Bug Tracker
Bugs are tracked on GitLab Issues. In case of trouble, please check there if your issue has already been reported. If you spotted it first, help us smashing it by providing a detailed and welcomed feedback.
Credits
Contributors
- Luis Torres <luis_t@vauxoo.com> (reviewer)
Maintainer
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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