Assigning Category Code 07 Values to Vouchers

Access the Work with Speed Status Change form.

Enter Voucher - Payment Information form.

Cat Code 07 (category code 07)

Enter one of the 30 reporting codes that you can assign to an address in the Address Book system. Category Code 07 is used in the 1099 process to identify the box on the 1099 form in which you report a voucher or pay item. Examples include:

01: Rents

13: Non-taxable Distribution Total capital gain distributions

61: Interest income

A7: Direct sales indicator

The Address Book Master record (F0101) for the supplier provides the default value for this field. You can change the voucher value, or leave the field blank to exclude a voucher from 1099 processing.