企業(yè)可以將其應(yīng)收賬款出售或保理給債務(wù)保理公司，以換取低于應(yīng)收賬款賬面金額的現(xiàn)金。然后保理公司擁有并收取債務(wù)。但是，應(yīng)考慮債務(wù)保理協(xié)議的實質(zhì)內(nèi)容，以確定適當(dāng)?shù)臅嬏幚怼鶆?wù)保理可能導(dǎo)致兩種結(jié)果：

Without recourse 沒有追索權(quán)的保理

The transaction is in substance a genuine sale of the debts with the entity retaining no continuing interest in the debts. Then the trade receivable is derecognised.

該交易實質(zhì)上是TR的真正出售，將來保理公司收不回這筆應(yīng)收賬款，保理公司不會再來找企業(yè)，該企業(yè)不保留TR，然后取消確認(rèn)應(yīng)收帳款。

Dr Cash   真正從保理公司那收到的現(xiàn)金

Dr expense  差額

Cr TR   企業(yè)TR的余額

With recourse有追索權(quán)的保理

The transaction is in substance a secured loan if the risk of non-payment remains with the entity that sold the debts. In such a case, the debt factoring company can claim back unpaid amounts and interest is charged on monies advanced by the debt factoring company. Then the trade receivable is not derecognised and a corresponding liability is also recognised. 即把應(yīng)收賬款給保理公司，但是如果保理公司將來收不回錢的時候，還可以追索到企業(yè)，因此不是真正的賣；而是抵押貸款，把應(yīng)收賬款的權(quán)利抵押給保理公司獲得一筆資金；

Dr cash         真實收的錢

Cr secured loan 收到的錢