25 Work with Reports for Subcontractors

This chapter contains these topics:

25.1 Working with Reports for Subcontractors

The Inland Revenue Service requires that contractors submit various reports to validate and track the payments that are made to subcontractors and the deductions that are withheld from subcontractors.

Working with reports for subcontractors consists of the following tasks:

  • Printing contractor information

  • Printing the SC11 screen

  • Printing the SC35 screen

  • Printing the 704 report

25.2 Printing Contractor Information

Navigation

From EMEA Localizations (G74), choose Subcontractor Processing

From Subcontractor Processing (G7411), choose Appl/Certificate Revisions

To print a listing of the information you have for each of the subcontractors in your system, run program P740403. You can review the report for the following payment information, listed by subcontractor:

  • Gross total

  • Total amount deducted

  • Total amount paid for labor

25.2.2 Printing the SC11 Screen

Navigation

From EMEA Localizations (G74), choose Subcontractor Processing

From Subcontractor Processing (G7411), choose Appl/Certificate Revisions

Contractors are required to report all payments and deductions for a subcontractor to the Inland Revenue Service. Payments and deductions must be totaled by certificate and submitted to the Inland Revenue Service on the SC11 screen.

To meet this requirement, run program P740404 to print a report of the payment and deduction information that you have on your system. You can print this information directly to the SC11 screen provided by the Inland Revenue Service.

25.2.3 Printing the SC35 Screen

Navigation

From EMEA Localizations (G74), choose Subcontractor Processing

From Subcontractor Processing (G7411), choose Appl/Certificate Revisions

Contractors are required to submit an annual statement, declaration, and certificate for each subcontractor. The information must be totalled by certificate and submitted to the Inland Revenue Service on the SC35 screen.

To meet this requirement, run program P740407 to print the statement and declaration information that you have on your system. Then, you must manually transfer the information to the SC35 screen provided by the Inland Revenue Service.

25.2.4 Printing the 704 Report

Navigation

From EMEA Localizations (G74), choose Subcontractor Processing

From Subcontractor Processing (G7411), choose Inland Revenue - Screen 704

Contractors are required to report all payments that are made to subcontractors and are not subject to deductions. The information must be submitted to the Inland Revenue Service on the 704 screen.