企业可以将其应收账款出售或保理给债务保理公司，以换取低于应收账款账面金额的现金。然后保理公司拥有并收取债务。但是，应考虑债务保理协议的实质内容，以确定适当的会计处理。债务保理可能导致两种结果：

Without recourse 没有追索权的保理

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.

该交易实质上是TR的真正出售，将来保理公司收不回这笔应收账款，保理公司不会再来找企业，该企业不保留TR，然后取消确认应收帐款。

Dr Cash   真正从保理公司那收到的现金

Dr expense  差额

Cr TR   企业TR的余额

With recourse有追索权的保理

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. 即把应收账款给保理公司，但是如果保理公司将来收不回钱的时候，还可以追索到企业，因此不是真正的卖；而是抵押贷款，把应收账款的权利抵押给保理公司获得一笔资金；

Dr cash         真实收的钱

Cr secured loan 收到的钱