Understanding Authenticated Receipts

The Authenticated Receipt Print program (R74U0428) generates a document that you send to the subcontractor. It also date stamps the certificate with the receipt date to prevent further documents from being printed. You use data selection to identify the certificate for which you print the document.

The SPC Combined Payment Certificate and Authenticated Receipt program generates a document that has the information that you send in a certificate as well as the information required for an authenticated receipt. The document generated by the SPC Combined Payment Certificate and Authenticated Receipt program meets the requirements of the monthly report that you must send to subcontractors when you withhold tax amounts from payments. Therefore, if you send the combined statement, you do not need to use the Statement of Payment and Deduction program (R74U4040) to generate a statement.

See also:

• Generating Payment Statements for Subcontractors.