Quickbooks® users:Create your invoices offline in Quickbooks® & upload them to our server. Learn more about Web-Based Invoice CreationNon-Quickbooks® users:Create your invoices online 24/7 with our exclusive, free invoice creation technology. It's a great solution for our mobile economy. Learn more about Web_Based Invoice CreationUse both systems
Adjusting entriesWhen you create an invoice in your accounting system, you create an asset called an "account receivable," which will be listed on the asset side of your Balance Sheet. When you factor the invoice, it is no longer an asset and you must adjust for it in your accounting system to keep your books in balance. We post suggested adjusting on our website for every transaction to make it easy for you to keep your books in balance. No other factoring company offers this free service.Please noteYour invoices will be created by our web software, whether you create them with Quickbooks® and upload the invoice data to our server, or use our free online invoice creation technology and we will mail them to your customers bearing our factoring notice and remittance instructions.YOU MUST NOT MAIL ANY FACTORED INVOICES. If you do so, your customers will have two (2) invoices, become confused, and we will have to stop factoring your invoices. SUGGESTED MANUAL ACCOUNTING ENTRIES "AS IS" WARRANTY STATEMENTDISCLAIMER. TO THE EXTENT ALLOWED BY LOCAL LAW, THE ACCOUNTING DATA UPLOAD TOOLS AND THE ACCOUNTING ENTRIES, MENTIONED ABOVE, SHALL BE PROVIDED TO YOU "AS IS" WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, WHETHER ORAL OR WRITTEN, EXPRESS OR IMPLIED. 21ST CAPITAL CORP SPECIFICALLY DISCLAIMS ANY IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, SATISFACTORY QUALITY, NON-INFRINGEMENT AND FITNESS FOR A PARTICULAR PURPOSE. Some countries, states and provinces do not allow exclusions of implied warranties or conditions, so the above exclusion may not apply to you. You may have other rights that vary from country to country, state to state, or province to province. LIMITATION OF LIABILITY. EXCEPT TO THE EXTENT PROHIBITED BY LOCAL LAW, IN NO EVENT WILL 21ST CAPITAL CORP OR ITS PARENT, SUBSIDIARIES, OR AFFILIATES BE LIABLE FOR DIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR OTHER DAMAGES (INCLUDING LOST PROFIT, LOST DATA, OR DOWNTIME COSTS), ARISING OUT OF THE USE, INABILITY TO USE, OR THE RESULTS OF USE OF THE ENTRIES, WHETHER BASED IN WARRANTY, CONTRACT, TORT OR OTHER LEGAL THEORY, AND WHETHER OR NOT ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Your use of the Quickbooks® data upload tool and the suggested manual accounting entries is entirely at your own risk. Should the Quickbooks® data upload tools and/or the accounting entries prove inaccurate, you assume the entire cost of all adjustments and/or corrections. Some countries, states and provinces do not allow the exclusion or limitation of liability for incidental or consequential damages, so the above limitation may not apply to you. NOTE. EXCEPT TO THE EXTENT ALLOWED BY LOCAL LAW, THESE WARRANTY TERMS DO NOT EXCLUDE, RESTRICT OR MODIFY, AND ARE IN ADDITION TO, THE MANDATORY STATUTORY RIGHTS APPLICABLE TO THE USE OF THE ENTRIES BY YOU. |
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