Maintain Interest Rates for Vendor Operation (Brazil)
Customizing Activity
FI_APAR_BANKRATES_BR
Maintain Bank Interest Rates for Vendor Operation (Brazil)
Document
Document Class
SIMG
Hypertext: Object Class - Class to which a document belongs.
Document Name
FI_APAR_BANKRATES_BR
Use
In this IMG activity, you maintain interest rates for your house banks. The system uses these rates, along with their validity and conditions, to propose loans for your customers as part of the vendor operation procedure.
This is where you store your company's interest rate that you charge customers. This bank must have the same name as your company code, for example, BR01.
For IOF (financial operations tax in Brazil, known as Imposto sobre operações financeiras)
This is where you store the rates for IOF.
Standard settings
Activities
Enter the interest rate, valid-from date, and the net payment terms period for the company and IOF house banks, as well for the banks you take into consideration when selecting the bank for vendor operation.