QC Factoring (2024)

When should I receive my invoice/statement?

We invoice on a quarterly basis in arrears. Invoices are issued in January, April,July and October. Your invoice is due for payment within 14 days of invoice date.

Why is my payment not showing on my invoice/statement?

You may have paidoutwith the quarter that you have just been invoiced for, hence the payment will show on your next invoice/statement. Allternatively you may have not quoted your Queens Cross Factoring Account No - please contact us to advise when payment was made in order to allocate the payment to your account.

What does the "Dr/Cr" mean on my invoice/statement?

A "Dr" balance means a debit balance which is an amount due for payment, whilst a "Cr" balance means a credit balance which indicates that no payment isdue.

How do I set up a standing order?

Please contact our office. Our Finance Officer will recommend a fixed monthly amount andwill then send out the standing order mandatefor completion. The fixed amount is a contribution towardsyourcharges ie, environmental costs, stair cleaning, buildings insurance,management fee andcommon repairs.

How do I increase my standing order payments?

You can either contact your bank directly or via online banking if you have this facility.

Whyhave I received a reminder letter when I pay by monthly standing order?

Your standing order payments are a contribution to your account, however on occasion when the payments have not covered your quarterly invoice we will request that the balance is paid.

What should I do if I cannot pay my invoice within 14 days?

Please contact us as soon as possible to discuss this matter.

What happens if I build up arrears?

We hope that payment is made within 14 days,as this ensures the proper maintenance and insurance of your building. However, ifyou experience financial difficulties we recommend that you contact us immediately so that we can offer assistance and prevent arrears building. If payment has not been made within 14 days our formal arrears procedure is initiated and if necessarylegal action will be taken to recover the balance outstanding plus any expenses and outlays.

What do I do if I make an overpayment on line?

If you make an overpayment on your factoring account on line please contact this office and we will arrange a refund.

Why do I have to pay a change of ownership fee?

When you sell your property we charge a change of ownership fee.Thisfee coversusproviding information requested by your solicitor, including information aboutcommon repairs, insurance and planned investment work; liaising with the purchaser's solicitor on factoring issues andproducing an invoice on the date of sale.

QC Factoring (2024)

FAQs

How to check your answer when factoring? ›

To check if you factored correctly, you can multiply the two factors together. If you end up with the original expression, then you are correct.

How to find all real solutions by factoring? ›

The Solve by Factoring process will require four major steps:
  1. Move all terms to one side of the equation, usually the left, using addition or subtraction.
  2. Factor the equation completely.
  3. Set each factor equal to zero, and solve.
  4. List each solution from Step 3 as a solution to the original equation.

How to prove factoring? ›

Factor Theorem Proof

g(y) = (y – a) q(y) + remainder. Here, g(y) is the dividend, (y – a) is the divisor, and q(y) is the quotient. Thus, we can say that (y – a) is a factor of the polynomial g(y).

How do you factor completely? ›

To factor completely:
  1. Search for a greatest common factor. ...
  2. If the leading coefficient is negative, factor out the negative.
  3. Examine what remains, looking for a trinomial or a binomial which can be factored. ...
  4. Express the answer as the product of all of the factors you have found.
  5. Check to see if your factors are correct.

What should you always do first when factoring? ›

Always factor out the greatest common factor first. If the polynomial to be factored is a binomial, then it may be a difference of two squares or a sum or difference of two cubes (remember that a sum of two squares does not factor).

What is the formula for factoring? ›

Factoring formulas are used to write an algebraic expression as the product of two or more expressions. Some important factoring formulas are given as, (a + b)2 = a2 + 2ab + b. (a - b)2 = a2 - 2ab + b.

Can all equations be solved by factoring? ›

Not every quadratic equation can be solved by factoring or by extraction of roots. For example, the expression x 2 + x − 1 cannot be factored, so the equation x 2 + x − 1 = 0 cannot be solved by factoring. For other equations, factoring may be difficult.

How to do the factoring method? ›

Factorization of Quadratic Equations
  1. Learn: Factorisation. ...
  2. Step 1: Consider the quadratic equation ax2 + bx + c = 0.
  3. Step 2: Now, find two numbers such that their product is equal to ac and sum equals to b. ...
  4. Step 3: Now, split the middle term using these two numbers, ...
  5. Step 4: Take the common factors out and simplify.

What are the 5 rules of factoring? ›

Algebra II/Factoring Rules
  • 1 1. GCF.
  • 2 2. Difference of two squares: a2 - b2 = (a+b)(a-b)
  • 3 3. Trinomial whose leading coefficient is one.
  • 4 4. Sum of two cubes: a3 + b3 = (a+b)(a2 - ab + b2)
  • 5 5. Perfect Square Trinomials: a2 + 2ab + b2 = (a+b)2
  • 6 6. Factor by Grouping.
Jan 21, 2024

What are 4 types of factoring? ›

There are six main methods for factoring polynomials:
  • Greatest Common Factor (GFC)
  • Grouping Method.
  • Difference of Squares.
  • Sum or Difference of Two Cubes.
  • General Trinomials, un-F.O.I.L.
  • Quadratic Formula.

How do you find the factor answer? ›

Thus, to find all the factors of a number, find all the pairs of numbers that, when multiplied, give the given number as a product. As a result, the factors of 8 are 1, 2, 4, 8. The factors of 18 are 1, 2, 3, 6, 9, and 18. We can find the factors of a number by dividing the number by all possible divisors.

What is an example of factoring? ›

Factor expressions, also known as factoring, mean rewriting the expression as the product of factors. For example, 3x + 12y can be factored into a simple expression of 3 (x + 4y). In this way, the calculations become easier.

How do you factor an answer? ›

How to Factor Out Numbers
  1. Determine a common factor. A common factor is 2.
  2. Divide each term by the common factor and write the results of the division in parentheses, with the factor out in front.
  3. Determine whether you can factor out any other terms. ...
  4. Simplify the answer.
Mar 26, 2016

What is a method of checking your work when factoring? ›

Since the polynomial is now expressed as a product of two binomials, it is in factored form. We can check our work by multiplying and comparing it to the original polynomial.

Top Articles
Latest Posts
Article information

Author: Prof. An Powlowski

Last Updated:

Views: 5331

Rating: 4.3 / 5 (44 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Prof. An Powlowski

Birthday: 1992-09-29

Address: Apt. 994 8891 Orval Hill, Brittnyburgh, AZ 41023-0398

Phone: +26417467956738

Job: District Marketing Strategist

Hobby: Embroidery, Bodybuilding, Motor sports, Amateur radio, Wood carving, Whittling, Air sports

Introduction: My name is Prof. An Powlowski, I am a charming, helpful, attractive, good, graceful, thoughtful, vast person who loves writing and wants to share my knowledge and understanding with you.