Accounts Receivable 

An essential element of accounts receivable in Brazil is the concept of duplicata : For each debit liability, the vendor collects the expected money with the active help of its house banks. For this purpose, information on the liability must be passed to the respective bank. This information is called duplicata.

The localization Brazil supports the automatic generation and processing of duplicatas in local currency. This includes the generation and processing of duplicatas from both installments and invoices with credit memos.

The duplicata information is based on the related open items and is extended through additional information such as the instruction key. All duplicata information can be sent through the application of the standard payment program to selected house banks via payment list (bordero) or DME (Arquivo remessa). The information returned by the bank can be electronically processed (Arquivo retorno).