1. Using Payables Invoice to Pay
  2. US 1099 Payments Report

US 1099 Payments Report

Review payments made to United States (US) 1099 reportable suppliers. Use the US 1099 Payment report to reconcile to your US 1099 forms, or to prepare additional reporting. For example, you can get information for states that don't participate in the combined filing program.

Run the report from the Scheduled Processes work area.

Tip: Before running the report, account for the invoices.

Business Unit

Specify a business unit.

Group By

Select a sorting method.

  • Income Tax Region: Sorts by income tax type within each region and displays the total paid for all income tax regions.

  • Income Tax Type: Sorts by income tax type and displays the total paid for all income tax types.

  • Supplier: Sorts by supplier name when run in summary. Sorts by tax reporting name when run in detail. Since the US 1099 Forms display tax reporting names, this setting can be useful for reconciling US 1099 reporting.

Reporting Method

Select a reporting method.

  • Detail: Displays the invoice details that comprise the totals.

  • Summary: Displays the sum of the US 1099 payments.

From Accounting Date, To Accounting Date

Specify the inclusive accounting date range.

Supplier Name

Specify a supplier name if you selected to group by supplier. This can be useful if you have to provide supplier detail for the paid invoices on the US 1099 Form.

Income Tax Region

Specify a tax region or leave the parameter blank to submit the report for all income tax regions.

Tax Reporting Entity

Specify a tax reporting entity.

Balancing Segment Source

Select the account to use to determine the balancing segment for the invoice.

  • Invoices: Uses the charge account on the invoice distribution.

  • Payments: Uses the bank cash account from the invoice payment.

Federal Reportable Only

  • Yes: Includes suppliers designated as federally reportable only.

  • No: Doesn't restrict the report to only federally reportable suppliers.

Meeting Minimum Levels Only

  • Yes: Includes US 1099 payment information only if payments meet federally reportable requirements and state requirements as defined on the Manage Tax Regions page.

  • No: Includes all US 1099 payment information.