Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Tipo de documento: | Dissertação |
Idioma: | por |
Título da fonte: | Biblioteca Digital de Teses e Dissertações da PUC_SP |
Texto Completo: | https://tede2.pucsp.br/handle/handle/22673 |
Resumo: | Operating in unstable markets, with high tax burden and limitations on access to credit lines, mainly aimed at MSEs, makes industrial companies, suppliers of goods and distributors, generally, act to grant installment to expand sales of their products. . When the term sale is granted, the financial costs are usually applied to the price of the asset, increasing the amount of taxes payable, since it increases the calculation base, final sale value, when issuing the invoice. These costs could be reduced through the use of the Vendor credit product, which enables the issuance of the sales invoice, in the case of installments, in its cash sale price, resulting in a reduction in the amount of taxes. sales and commission expenses to sellers and royalties or manufacturing license. And, in the case of advance of credit securities (with the issuance of trade notes) through financial institutions, interest rate costs may be lower than the interest rates charged on the trade discount product. This product, the Vendor, was made available to the market since the 1980s and, even with the advantages promoted by the product, there are few operations in the credit market, according to the evidence presented by the Central Bank of Brazil, which shows the participation 6.24% of the product of discount of duplicates in the corporate credit market. Given the scenario presented, the general objective of this dissertation was to disseminate the purpose and advantages of the Vendor product over the duplicate discount product, sovereign in credit operations statistics. To achieve the proposed objectives, a qualitative approach research was conducted, with literature review, through literature review and, in addition to the study, an exploratory research was conducted with cash management managers, located in branches of the city of São Paulo and metropolitan regions. The evaluation of the survey result, the description of the final considerations, concluded that, on the perception of cash management managers, the majority of small business owners / representatives most often negotiate the trade discount product aimed at address the need to anticipate working capital resources by negotiating the Vendor product less frequently |
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Marion, José Carloshttp://buscatextual.cnpq.br/buscatextual/visualizacv.do?id=K4414148Z2Oliveira, Wilson Lourenço de2019-10-03T12:06:09Z2019-09-19Oliveira, Wilson Lourenço de. Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa. 2019. 152 f. Dissertação (Mestrado em Ciências Contábeis e Atuariais) - Programa de Estudos Pós-Graduados em Ciências Contábeis e Atuariais, Pontifícia Universidade Católica de São Paulo, São Paulo, 2019.https://tede2.pucsp.br/handle/handle/22673Operating in unstable markets, with high tax burden and limitations on access to credit lines, mainly aimed at MSEs, makes industrial companies, suppliers of goods and distributors, generally, act to grant installment to expand sales of their products. . When the term sale is granted, the financial costs are usually applied to the price of the asset, increasing the amount of taxes payable, since it increases the calculation base, final sale value, when issuing the invoice. These costs could be reduced through the use of the Vendor credit product, which enables the issuance of the sales invoice, in the case of installments, in its cash sale price, resulting in a reduction in the amount of taxes. sales and commission expenses to sellers and royalties or manufacturing license. And, in the case of advance of credit securities (with the issuance of trade notes) through financial institutions, interest rate costs may be lower than the interest rates charged on the trade discount product. This product, the Vendor, was made available to the market since the 1980s and, even with the advantages promoted by the product, there are few operations in the credit market, according to the evidence presented by the Central Bank of Brazil, which shows the participation 6.24% of the product of discount of duplicates in the corporate credit market. Given the scenario presented, the general objective of this dissertation was to disseminate the purpose and advantages of the Vendor product over the duplicate discount product, sovereign in credit operations statistics. To achieve the proposed objectives, a qualitative approach research was conducted, with literature review, through literature review and, in addition to the study, an exploratory research was conducted with cash management managers, located in branches of the city of São Paulo and metropolitan regions. The evaluation of the survey result, the description of the final considerations, concluded that, on the perception of cash management managers, the majority of small business owners / representatives most often negotiate the trade discount product aimed at address the need to anticipate working capital resources by negotiating the Vendor product less frequentlyAtuar em mercados instáveis, com alta carga tributária e limitações de acesso a linhas de crédito, voltadas principalmente às MPEs, faz com que as empresas industriais, fornecedoras de bens e distribuidoras, geralmente, atuem na concessão de parcelamento para ampliar as vendas de seus produtos. Quando da concessão de venda a prazo, normalmente, aplica-se no preço do bem os custos financeiros, elevando o valor dos impostos a pagar, por aumentar a base de cálculo, valor final da venda, na emissão da nota fiscal. Custos estes que poderiam ser reduzidos por meio da utilização do produto de crédito Vendor, que possibilita a emissão da nota fiscal de venda, em caso de parcelamento, em seu valor no preço da venda à vista, obtendo-se a redução no valor dos impostos incidentes sobre as vendas e nas despesas de comissões pagas aos vendedores e nos royalties ou licença para fabricação. E, no caso de antecipação dos títulos de crédito (com a emissão de duplicatas) por meio de instituições financeiras, os custos com as taxas de juros poderão ser menores do que as taxas de juros praticadas no produto desconto de duplicatas. Esse produto, o Vendor, foi disponibilizado para o mercado a partir da década de 1980 e, mesmo com as vantagens promovidas pelo produto, há no mercado de crédito poucas operações, conforme as evidência apresentadas pelo do Banco Central do Brasil, que demonstra a participação de 6,24% do produto desconto de duplicatas no mercado de crédito voltado a pessoa jurídica. Diante do cenário apresentado, o objetivo geral desta dissertação consistiu em disseminar a finalidade e vantagens do produto Vendor, com relação ao produto desconto de duplicatas, soberano nas estatísticas de operações de crédito. Para alcançar os objetivos propostos, realizou-se uma pesquisa de abordagem qualitativa, com revisão da literatura, por meio de levantamento bibliográfico e, em complemento ao estudo, realizou-se pesquisa do tipo exploratória com os gerentes de cash management, lotados em agências da cidade de São Paulo e regiões metropolitanas. A avaliação do resultado da pesquisa, a descrição das considerações finais, concluiu que, sobre a percepção dos gerentes de cash management, os proprietários/representantes das pequenas empresas, em sua grande maioria, negociam com a maior frequência o produto desconto de duplicatas que visa sanar a necessidade de antecipação de recursos para capital de giro, negociando com menor frequência o produto Vendorapplication/pdfhttp://tede2.pucsp.br/tede/retrieve/50569/Wilson%20Louren%c3%a7o%20de%20Oliveira.pdf.jpgporPontifícia Universidade Católica de São PauloPrograma de Estudos Pós-Graduados em Ciências Contábeis e AtuariaisPUC-SPBrasilFaculdade de Economia, Administração, Contábeis e AtuariaisVendorCapital de giroDesconto de duplicatasWorking capitalDuplicates discountCNPQ::CIENCIAS SOCIAIS APLICADAS::ADMINISTRACAO::CIENCIAS CONTABEISGestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresainfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/openAccessreponame:Biblioteca Digital de Teses e Dissertações da PUC_SPinstname:Pontifícia Universidade Católica de São Paulo (PUC-SP)instacron:PUC_SPTEXTWilson Lourenço de Oliveira.pdf.txtWilson Lourenço de Oliveira.pdf.txtExtracted texttext/plain273440https://repositorio.pucsp.br/xmlui/bitstream/handle/22673/4/Wilson%20Louren%c3%a7o%20de%20Oliveira.pdf.txtca2690f84e863ec82b412d0945a5a445MD54LICENSElicense.txtlicense.txttext/plain; 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dc.title.por.fl_str_mv |
Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa |
title |
Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa |
spellingShingle |
Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa Oliveira, Wilson Lourenço de Vendor Capital de giro Desconto de duplicatas Working capital Duplicates discount CNPQ::CIENCIAS SOCIAIS APLICADAS::ADMINISTRACAO::CIENCIAS CONTABEIS |
title_short |
Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa |
title_full |
Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa |
title_fullStr |
Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa |
title_full_unstemmed |
Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa |
title_sort |
Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa |
author |
Oliveira, Wilson Lourenço de |
author_facet |
Oliveira, Wilson Lourenço de |
author_role |
author |
dc.contributor.advisor1.fl_str_mv |
Marion, José Carlos |
dc.contributor.authorLattes.fl_str_mv |
http://buscatextual.cnpq.br/buscatextual/visualizacv.do?id=K4414148Z2 |
dc.contributor.author.fl_str_mv |
Oliveira, Wilson Lourenço de |
contributor_str_mv |
Marion, José Carlos |
dc.subject.eng.fl_str_mv |
Vendor Capital de giro Desconto de duplicatas Working capital Duplicates discount |
topic |
Vendor Capital de giro Desconto de duplicatas Working capital Duplicates discount CNPQ::CIENCIAS SOCIAIS APLICADAS::ADMINISTRACAO::CIENCIAS CONTABEIS |
dc.subject.cnpq.fl_str_mv |
CNPQ::CIENCIAS SOCIAIS APLICADAS::ADMINISTRACAO::CIENCIAS CONTABEIS |
description |
Operating in unstable markets, with high tax burden and limitations on access to credit lines, mainly aimed at MSEs, makes industrial companies, suppliers of goods and distributors, generally, act to grant installment to expand sales of their products. . When the term sale is granted, the financial costs are usually applied to the price of the asset, increasing the amount of taxes payable, since it increases the calculation base, final sale value, when issuing the invoice. These costs could be reduced through the use of the Vendor credit product, which enables the issuance of the sales invoice, in the case of installments, in its cash sale price, resulting in a reduction in the amount of taxes. sales and commission expenses to sellers and royalties or manufacturing license. And, in the case of advance of credit securities (with the issuance of trade notes) through financial institutions, interest rate costs may be lower than the interest rates charged on the trade discount product. This product, the Vendor, was made available to the market since the 1980s and, even with the advantages promoted by the product, there are few operations in the credit market, according to the evidence presented by the Central Bank of Brazil, which shows the participation 6.24% of the product of discount of duplicates in the corporate credit market. Given the scenario presented, the general objective of this dissertation was to disseminate the purpose and advantages of the Vendor product over the duplicate discount product, sovereign in credit operations statistics. To achieve the proposed objectives, a qualitative approach research was conducted, with literature review, through literature review and, in addition to the study, an exploratory research was conducted with cash management managers, located in branches of the city of São Paulo and metropolitan regions. The evaluation of the survey result, the description of the final considerations, concluded that, on the perception of cash management managers, the majority of small business owners / representatives most often negotiate the trade discount product aimed at address the need to anticipate working capital resources by negotiating the Vendor product less frequently |
publishDate |
2019 |
dc.date.accessioned.fl_str_mv |
2019-10-03T12:06:09Z |
dc.date.issued.fl_str_mv |
2019-09-19 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.citation.fl_str_mv |
Oliveira, Wilson Lourenço de. Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa. 2019. 152 f. Dissertação (Mestrado em Ciências Contábeis e Atuariais) - Programa de Estudos Pós-Graduados em Ciências Contábeis e Atuariais, Pontifícia Universidade Católica de São Paulo, São Paulo, 2019. |
dc.identifier.uri.fl_str_mv |
https://tede2.pucsp.br/handle/handle/22673 |
identifier_str_mv |
Oliveira, Wilson Lourenço de. Gestão do capital de giro: o Vendor como fonte de recurso para suprir necessidades de caixa para a pequena empresa. 2019. 152 f. Dissertação (Mestrado em Ciências Contábeis e Atuariais) - Programa de Estudos Pós-Graduados em Ciências Contábeis e Atuariais, Pontifícia Universidade Católica de São Paulo, São Paulo, 2019. |
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por |
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Pontifícia Universidade Católica de São Paulo |
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Programa de Estudos Pós-Graduados em Ciências Contábeis e Atuariais |
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Brasil |
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Faculdade de Economia, Administração, Contábeis e Atuariais |
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Pontifícia Universidade Católica de São Paulo |
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