The Annual Reconciliation for 2021-2022 is now complete and the Factors have sent a breakdown to all owners.

In most cases, the budgeted amount for 2021-2022 was greater than the actual expenditure and the reconciliation will show a credit balance. This will be applied to your account to reduce the total amount due for 2022-2023.

If you pay your Factoring Invoices by Standing Order you may wish to review your outstanding balance and adjust your monthly payments for the remainder of this financial year (to 30th November 2023).

If you have already paid the full amount for this year and wish to have the credit balance returned to you please contact the Factors.

In either case, if you wish, you can allow the credit to remain on your account until the end of the financial year and it will be used to reduce the amount due for 2023-2024.

You can check your outstanding balance and update your contact details at any time by using the Factoring online portal https://www.trinityfactors.co.uk/