Assigning the 1099 Flag
Access the Enter Voucher - Payment Information form.
- 1099 Flag
Enter a code that specifies whether to include the pay item in 1099 processing. Values are:
Blank: Do not include the pay item in 1099 processing.
1: Include the pay item in 1099 processing.
Use the 1099 Flag field for the A/P ledger method only. If you use the G/L method, the system automatically includes vouchers in 1099 processing, based on automatic accounting instruction (AAI) ranges for AAI item PX. The 1099 flag is not used for the G/L method.
Enter 1 in the 1099 Flag field only for those pay items that are subject to 1099 reporting. If a pay item, such as freight or shipping, is exempt from 1099 reporting, leave this field blank.