A typical factoring transaction involves an invoice or a "receivable. If your payment has already been sent please disregard this notice.To create a new accounts receivable item, click Add AR to this Contract. You will then need to complete the required fields to create a new AR. Enter the. All Accounts Receivable represent valid obligations arising from bona fide business transactions in the Ordinary Course of Business. The Department currently use the NIFS accounts receivable module to send out bills and we will continue to do so. " Auditors' Follow-. Collection services to support the collection of accounts receivable. Each proposer must complete the forms which appear at pages 11 and 12 of this RFP. Scottsdale, AZ 85250.