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.