Adjusting 1099 Payment Records in the F0911 Table

Access the Enter 1099 Payment Adjustments form.

To adjust payment records:

1. To add an adjustment, complete the Journal Entry Amount Adjustment Amount field on the blank entry line that is immediately after the record that you want to adjust.

   This field is a number that identifies the amount that the system will add to the account balance of the associated account number. Enter credits with a minus sign (–) either before or after the amount.

2. Enter a description in the unlabeled area to the right of the Journal Entry Amount Adjustment Amount field.

   Do not enter values in the Payment Number and Payment Date fields. When you click OK, the system uses the payment number and date from the previous record to create the TX (tax) adjustment record.

3. To include an unresolved payment amount in 1099 processing, change the Payment Number field from * to a valid payment number and click OK.

   When you enter a payment number and click OK, the system updates the existing F0911 record in the previous detail line.

4. To exclude a payment amount from 1099 processing, enter * in the Payment Number field and click OK.

   When you enter * for the payment number and click OK, the system updates the existing F0911 record in the previous detail line.