Boleto Creation 

Use

The system comes with all the settings you need to be able to collect payments by boleto with the International Payment Media – Boleto (Brazil) program. Companies in Brazil can use this program to:

·       Fill in prenumbered boleto forms

·       Print numbered boleto forms

·       Create a duplicata file to send to the bank  

·       Create a paper payment list (borderô) to send to the bank

Features

You generate the payment media using the payment program in conjunction with the supplied payment method D (boleto/duplicata) and report RFFOBR_D.

Activities

Customizing

You first have to set the payment method D and make payment method settings at the company code level in Customizing for Financial Accounting (FI), under Accounts Receivable and Accounts Payable ® Business Transactions ® Outgoing Payments ® Automatic Outgoing Payments ® Payment Method/Bank Selection for Payment Program ® Set Up Payment Methods per Country for Payment Transactions and Set Up Payment Methods per Company Code for Payment Transactions.

Refer to the RFFOBR_D program documentation for further details on customizing the boleto program. For general payment program settings, see Customizing the Payment Program.

You manage boletos in the system using the standard check management functions; make the related settings in Customizing for FI, under Accounts Receivable and Accounts Payable ® Business Transactions ® Outgoing Payments ® Automatic Outgoing Payments ®  Payment Media ® Check Management.

Periodic Processing

When you run the payment program, it creates a duplicata for each open item – by creating a bill of exchange payment request (in the same way as described in Duplicata Creation). If a company prints its own boletos, the system assigns a boleto number from a customized number range.

After processing the open items, the payment program triggers the print program assigned to the duplicata/boleto payment method, RFFOBR_D. You can configure your program variant to:

·       Print boletos – either generate your own, or fill in prenumbered forms (select Print Boletos)

·       Create a duplicata file to send to the bank (select Data Medium Exchange)

Regardless of who issues the boletos, the company sends the duplicata information to its bank – in the form of a DME file or a payment list.