Preview 1099 Media (P04512FP)

Processing Option	Processing Options Requiring Further Description
MINIMUM PROCESSING:
1. Enter '1' to utilize the 1099 Minimum Amounts from the 1099 Set Up version. If left blank, no minimum limits will be used.	Use this processing option to specify whether to print only those records with amounts that meet the minimum amounts established in the processing options for 1099 Processing Option Setup (P04510STUP): Enter 1 to utilize the minimum amounts. The system compares the minimum amount requirements by tax ID within each EIN group. If there is more than one supplier with the same tax ID, the system totals the supplier amounts. Using this option, you can print a report with amounts that will exactly match the information when that prints on the 1099 return. Leave this processing option blank to print records regardless of whether the amounts meet the minimum amount requirements. Use this option to print all of the records with 1099-reportable amounts. JD Edwards World encourages you to review all of the records for errors and warnings prior to running the report with the minimums activated. This ensures that you do not have records in error that the system cannot consider when you write the 1099 forms.
SUPPRESS WARNINGS: 2. Enter a '1' to suppress printing warning lines on the report. If left blank, warnings will print.	Use this processing option to specify whether to print warning messages on the report. JD Edwards World recommends that you include warning messages on the report so that you can review them. If, after reviewing the warning messages, you determine they are not valid, you can run the report again and suppress them. For example, the system prints the Legal Name warning when the person/corporation code assigned to the supplier's address book record is P (sole proprietor), but there is no Who's Who record set up for the legal name. Because the supplier's mailing name might be the legal name, the system prints a warning only. If you determine that you have verified all of the address book records for legal names, you can suppress the warning messages. If you find errors with supplier or company tax IDs, you must correct them on the address book record and then update the change to your workfiles using the 1099 Supplier/Company Refresh program (P045190). You do not need to rebuild your 1099 workfiles. See Refreshing Supplier/Company Informationfor more information

Processing Option

Processing Options Requiring Further Description

MINIMUM PROCESSING:

1. Enter '1' to utilize the 1099 Minimum Amounts from the 1099 Set Up version.

If left blank, no minimum limits will be used.

Use this processing option to specify whether to print only those records with amounts that meet the minimum amounts established in the processing options for 1099 Processing Option Setup (P04510STUP):

Enter 1 to utilize the minimum amounts.

The system compares the minimum amount requirements by tax ID within each EIN group. If there is more than one supplier with the same tax ID, the system totals the supplier amounts. Using this option, you can print a report with amounts that will exactly match the information when that prints on the 1099 return.

Leave this processing option blank to print records regardless of whether the amounts meet the minimum amount requirements.

Use this option to print all of the records with 1099-reportable amounts. JD Edwards World encourages you to review all of the records for errors and warnings prior to running the report with the minimums activated. This ensures that you do not have records in error that the system cannot consider when you write the 1099 forms.

SUPPRESS WARNINGS:

2. Enter a '1' to suppress printing warning lines on the report. If left blank, warnings will print.

Use this processing option to specify whether to print warning messages on the report.

JD Edwards World recommends that you include warning messages on the report so that you can review them. If, after reviewing the warning messages, you determine they are not valid, you can run the report again and suppress them.

For example, the system prints the Legal Name warning when the person/corporation code assigned to the supplier's address book record is P (sole proprietor), but there is no Who's Who record set up for the legal name. Because the supplier's mailing name might be the legal name, the system prints a warning only. If you determine that you have verified all of the address book records for legal names, you can suppress the warning messages.

If you find errors with supplier or company tax IDs, you must correct them on the address book record and then update the change to your workfiles using the 1099 Supplier/Company Refresh program (P045190). You do not need to rebuild your 1099 workfiles.

See Refreshing Supplier/Company Informationfor more information