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Reporting Entities

Use the Reporting Entity window to define reporting entities for your 1099 tax reporting. A reporting entity is any person or organization that has a unique Tax Identification Number (TIN).

You can submit the following 1099 reports for a specific reporting entity:

For each reporting entity, you assign one or more balancing segment values. For example, you define a reporting entity called Headquarters which is comprised of Company 1, Company 2, and Company 3 (three balancing segment values). When you submit a 1099 report, you specify Headquarters as the reporting entity for which you want to submit the report. Payables prints on the 1099 report the accumulated payments for Companies 1, 2, and 3. Payables sums up the paid invoice distributions that have these company balancing segment values in their accounts.

Defining Tax Entities


   To define tax entities:

See Also

Reporting Entity Window Reference

1099 Reporting Overview

Payables Programs, Reports, and Listings

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