ATFA490 - Control of Present Value Provision (AVP)

CONTENT

This document formalizes the functionality of the Control of Present Value Provision (AVP) registration.

ATFA490 → All fields below are required. Attention to the fields Dates specially the Contract End (FNV_DTFIN)

FNU_COD : Provision code;

FNU_DESCR : Provision description;

FNU_DTINI : Provision start date;

FNU_INIPR : Project Start Date. This field determines the reference date for the distribution calculation;

FNU_DTAVP : AVP reference date. This date will be used to find the AVP current rate and the start of the provision AVP calculation;

FNU_TAXAAVP : Rate of AVP index for provision;

FNU_INDAVP : Code of AVP index used for provision;

FNV_DTFIN : Provision end date.

Example:

Reference Date: 07/01/2020 - End Date 07/31/2020 = Present Value of 30 days

Reference Date: 07/01/2020 - End Date 08/31/2020 = Present Value of 60 days

Reference Date: 07/01/2020 - End Date 09/31/ 2020 = Present Value of 90 days

Reference Date: 07/01/2020 - End Date 10/31/2020 = Present Value of 120 days

The longer the interval between the reference date and end date greater than AVP.