AP146 - 1099 Tape Creation

Run AP146 (1099 Tape Creation) to create a 1099 reportable income tape for a
reportable income group. The reportable income group must be defined in AP02.1
(Reportable Income Group).

If you define a minimum amount in the Box number fields, the system will not
create a record for vendors with reportable income less than or equal to the
minimum amount you define. To create one record for all vendors with the same
tax identification number, select Tax ID in the Print Sequence field. If the
vendors associated with a tax identification number have different legal names
defined in AP10.1 (Vendor), the legal name defined for the last vendor
processed for the Tax ID is included on the 1099 tape record.

There are form tabs available to define minimum amounts for miscellaneous,
interest, and dividend income.

Run AP245 (Reportable Income Report) to list invoices that make up a vendor's
reportable income, and use AP45.1 (Reportable Income Adjustment) to correct
reportable income invoice information before running AP146. You can rerun this
program, if needed.





Updated Files

    CKPOINT    - Updates check point record.


Referenced Files

    APINCCODE  - Validates income code.

    APPAYMENT  - Primary file used to derive reportable income amounts.

    APTAXENT   - Validates relationship between reportable income group and
                 company or process level.


    APTAXGROUP - Validates reportable income group.

    APVENMAST  - Validates vendor.


INVOKED Programs

    IFCC