Form of Payment 
Form of Payment
When you make your payment by bank transfer (via payment method U), Brazilian banks require additional information about the form of payment. In the table below, you see the common Brazilian forms of payment that the system supports. Banks require the respective key to be printed in the coding line of the payment list or DME file accompanying sheet.
Brazilian Forms of Payment
|
Key |
Form of Payment (Portuguese) |
Description |
|
01 |
Credito em Conta Corrente |
Credit the current account, where your house and partner banks are the same |
|
02 |
Cheque Pagamento |
Payment by check, where your house bank issues a check to payee |
|
03 |
Documento de Credito |
Bank credit document, where your house and partner banks are different |
|
10 |
Ordem de Pagamento a Disposição |
Payment order, where the payee receives payment at a branch of the house bank |
|
30 |
Titulo nosso banco |
Payment with boleto issued by the house bank |
|
31 |
Titulo outro banco |
Payment with boleto issued by bank other than the house bank |
Activities
If you need to make payments for forms 02 or 10, you must create separate country-specific payment methods in Customizing for Financial Accounting, 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. You can copy the delivered payment method U, and you then enter
02 or 10 in the Key in code line field for the respective payment method.You do not need to do anything for the other forms; the system selects them automatically, as described below.
Selection of Form
For forms 01, 03, 30 and 31, the system uses payment method U that is delivered. In these cases, the system automatically determines the form of payment based on conditions involving the banks and the barcode number:
|
Description of banks |
Entry in field Barcode nr. |
Payment form selected |
|
House and partner banks are the same |
No |
01 |
|
House and partner banks are different |
No |
03 |
|
House bank and boleto-issuing bank are the same |
Yes |
30 |
|
House bank and boleto-issuing bank are different |
Yes |
31 |
For payments that do not involve the boleto payment method – forms 01, 02, 03 and 10 – any entry you make in the Key in code line field overwrites the automatic selection.
If, however, you enter the field Barcode number into the open item, the system selects payment form 30 or 31 based on the conditions above, and the field Key in code line is of no relevance.
House banks and partner banks are identified by the first three digits of the bank number. The bank that issues the boleto is identified by the first three digits of the specified barcode number.
Note that Banco Bradesco does not offer form 10, and it uses form 31 even if the house bank and boleto-issuing bank are the same.