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Installments and advancements in Brazil

Understand credit card installments and advancements in Brazil.

This page describes the credit card installment and advancement flows specific to Brazil.

For a payment in installments, you receive the money for each installment as the installment is paid by the scheme. Adyen also offers advancements, which means you can get paid upfront for payments made in installments.

Here we describe:

  • The reports that you can use to track and reconcile installments.

  • The lifecycle of installments and refunds.

  • Adyen's advancements.

Installments lifecycle

Installments payments are settled in this order:

  1. The payment is Received.
  2. If the payment is authorised, an Authorised journal entry is created and the payment moves from the Received header to the Authorised header in finance reports.
  3. The payment is captured and a SentForSettle journal entry is created. The payment moves from the Authorised header to the Captured header in finance reports.
  4. A SettledInInstallments journal entry is created for the payment, under the Captured header in finance reports. There will be one SettledInInstallments journal entry for a given payment in installments, regardless of how many installments there are.
  5. An OpenInstallment journal entry is created for each installment. These entries can be seen under the Installments header in finance reports.
  6. For each installment, a SettledInstallment journal is created when it is settled. The amount then appears under the Payable header in reports and will be paid out to you.

Installment refunds

When a payment in installments is refunded, the settlement happens in this order:

  1. The refund is requested and a SentForRefund journal entry is created.
  2. RefundedInInstallments journal entry is created when the shopper is refunded. There will be one RefundedInInstallments journal entry for a given payment in installments, regardless of how many installments there are. The SentForRefund journal will match the amount RefundedInInstallments.
  3. For each installment, an OpenInstallment journal is created under the Installments header in finance reports. Each OpenInstallment journal will have a corresponding RefundedInstallment journal under the Installments header.

Installment reports and reconciliation

You can use reports in your Customer Area to track the status of installment payments.

Reconcile installments

Use the Settlement details report to reconcile by installment. 

For a summary of the installments that have been paid to your account, use the Monthly finance report in installments and the Daily finance report in installments. These reports include payments with the following statuses which you can use to track installments that have been credited to or debited from your account:

  • SettledInstallment: Credit for an installment that was settled to your account.
  • RefundedInstallment: Debit for a refunded installment.
  • Chargeback: Debit for an installment that was reversed.
  • SecondChargeback: Debit for the unsuccessful defense of an installment that was reversed.
  • SuspendInstallment: Debit for an installment that won't be settled due to a chargeback. This entry is not applicable to all kinds of advancements.

Forecast installments

The Forecast report provides an estimation of the installments you are due to receive. The amounts provided in this report are net, and the dates indicate when you will receive the funds.

You can access Forecast reports in your Customer Area, under Finance > Forecast.

Due to refunds and chargebacks, the amounts provided in this report can be different from the amount that is paid to your account.

  • SettledInInstallments: Amount due to be settled to you from installments.
  • RefundedInInstallments: Amount due to be refunded by you from installments.
  • OpenInstallment: Installments that were open in this month or day. This includes Capture (positive) installments and Refund (negative) installments.
  • SettledInstallment: Amount that has been settled from installments.
  • RefundedInstallment: Amount that has been refunded from installments.

Track the status of open installments

The payment accounting report is where you can track the status of open installments. This can also be used for forecasting. Make sure you have the Payout Date, *Installments (PC), Installment and Booking Type columns enabled or contact our Support Team to enable them.

Use the following entries to track the status of an open installment:

  • Payout Date: Date the installment is due to be paid to your account.

  • Installments (PC): Amount that has been credited to your account. If the number is negative the amount has been debited for a refund.

  • Installments: The sequence number of the installment. For example, 2/6 would refer to installment 2 of 6.

  • Booking Type: Type of open installment. Possible values are:

    • FIRST: Installment that has been captured and sent to the scheme.
    • ACCELL: Installment that was accelerated due to a refund request on the payment.
    • REPRESENTMENT: Installment that resulted in a chargeback, and a defense was made.
    • RETRY: Installment capture failed the first time and is being retried.

For more information on this report, refer to our Payment accounting report documentation.


You can choose to be paid with advancements if you want to receive funds upfront for payments made in installments. This means you do not have to wait for the installments to be paid. You receive the advancement within one day.

If you want to use advancements, contact your account manager or our Support Team for details of fees and to enable advancements.

Reconciling advancements

Advancements are made for batches of payments in installments, so you need to check which payments are included in the amount advanced.

A batch of installments payments that have been paid to you as an advancement have the same advancement code.

To check the installments payments advanced for a given advancement code:

  1. Open the Payment accounting report and see Advanced (PC) and Advancement Code columns.
  2. Sum the numbers from the Advancement (PC) column with the same advancement code.
  3. Check that this number corresponds to the amount you have received.

See also