Editing Installment Plans in Brazil (Brazilian Hub SuiteApp)
When you create a transaction for Brazil and select a term of payment, NetSuite creates parcela (installment) records according to the settings defined on the term, such as:
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Due date
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Fine rate
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Discount amount
After the parcela records are created in NetSuite, you cannot directly edit these records. However, you can edit the transactions that originated them, which updates the parcela records. For example, the parcela records are updated when the amount of a transaction is edited and saved.
You can edit specific information for an installment by editing the installment plan from a transaction record. You can also change the entire term of payment selected on a transaction, if required, by renegotiating the installments.
For more information about editing and renegotiating installments, see the following topics:
Editing Installments in Brazil
You can edit installments through their origin transaction. The Brazilian Hub SuiteApp enables you to edit installments due dates, amounts, fine and interest rates, and also discount amounts.
To edit installments in Brazil:
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Go to the transaction.
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For vendor bill transactions, go to Transactions > Payables > Enter Bills > List.
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For invoice transactions, go to Transactions > Sales > Create Invoices > List.
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For expense report transactions, go to Transactions > Employees > Enter Expense Reports > List.
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Click View next to the transaction you want.
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Click the Parcelas subtab.
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Click Visualizar Parcelamento.
The Parcelamento window opens.
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Click Editar Parcelas.
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Make the required edits.
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In the Vencimento field, enter a new due date for the installment.
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In the Amount field, enter a new amount for the installment.
The total sum of the installments must match the total amount of the transaction.
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In the Multa field, enter the fine rate enforced after the installment’s due date.
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In the Juros field, enter the interest rate enforced after the installment’s due date.
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In the Desconto field, enter the discount amount.
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Click Save.
Renegotiating Installments in Brazil
Renegotiating installments enables you to change the transaction’s term of payment, creating new parcela records that match this new term. The Brazilian Hub SuiteApp enables you to renegotiate installments and then change their due dates, amounts, fine and interest rates, and discount amounts.
To renegotiate installments in Brazil:
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Go to the transaction.
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For vendor bill transactions, go to Transactions > Payables > Enter Bills > List.
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For invoice transactions, go to Transactions > Sales > Create Invoices > List.
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For expense report transactions, go to Transactions > Employees > Enter Expense Reports > List.
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Click View next to the transaction you want.
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Click the Parcelas subtab.
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Click Visualizar Parcelamento.
The Parcelamento window opens.
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Click Renegociar Parcelas.
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Make the required edits.
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In the Condição de Pagamento field, select a new term of payment.
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In the Data de Início, enter or select a start date, which NetSuite uses to calculate the remaining installments' due dates.
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In the Percentual Multa por Atraso field, enter the fine rate enforced after the installments’ due date.
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In the Percentual Juros ao Dia field, enter the daily interest rate enforced after the installments’ due date.
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Click Gerar.
The parcelamento window updates the installment information, displaying the new installments created with the new term.
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Review and, if required, adjust the installments’ information.
To edit the installments:
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In the Vencimento field, enter a new due date for the installment.
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In the Amount field, enter a new amount for the installment.
The total sum of the installments must match the total amount of the transaction.
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In the Multa field, enter the fine rate enforced after the installment’s due date.
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In the Juros field, enter the interest rate enforced after the installment’s due date.
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In the Desconto field, enter the discount amount.
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Click Save.