1099s for G/L Method (PX)

The GL method uses AAIs to determine GL account number ranges for 1099 processing. You must edit the 1099 AAI items to align your chart of accounts to the corresponding IRS form and box.

You must define these AAI items based on the type of 1099 forms you process:

• PXAxxx

  1099-MISC (Miscellaneous) form

• PX1xxx

  1099-DIV (Dividend and Distribution) form

• PX6xxx

  1099-INT (Interest Income) form

Individual AAI items are associated with boxes on the 1099 form. For example, UDC 04/TR values A1 through A9 (AAI items PXA1xx through PXA9xx) correspond to 1099 MISC boxes 1 through 9. However, UDC 04/TR value AA (AAI item PXAAxx) corresponds to box 10, and both AB and AC (AAI items PXABxx and PXACxx) correspond to box 13. Also, the 1099 DIV form has boxes 2a, 2b, 2c, and 2d that correspond to UDC 04/TR values 1A, 1B, 1C, and 1D (AAI items PX1Axx through PX1Dxx).

Each pair of AAI items defines the beginning and end of a range of object accounts. For example, Attorney Fees (box 13 on the 1099 MISC form) are identified by the range of accounts associated with AAI items PXAC01 and PXAC02. To identify other accounts, use another range defined by PXAC03 and PXAC04, and so on.

See also:

• "Setting Up Automatic Accounting Instructions" in the JD Edwards EnterpriseOne Applications Financial Management Fundamentals Implementation Guide.

• "Setting Up Accounts Payable for Multicurrency Processing, Setting Up Multicurrency AAIs for Accounts Payable" in the JD Edwards EnterpriseOne Applications Multicurrency Processing Implementation Guide.

• "Setting Up AAIs for Credit Invoice Processing for Argentina" in the JD Edwards EnterpriseOne Applications Localizations for Argentina Implemenation Guide.

• "Setting Up AAIs for Chile" in the JD Edwards EnterpriseOne Applications Localizations for Chile Implemenation Guide.

• "Setting Up AAIs for Peru" in the JD Edwards EnterpriseOne Applications Localizations for Peru Implementation Guide.