AP145 - 1099 Forms Creation
** Form purpose
Run 1099 Forms Creation (AP145) to create 1099 reportable income forms for a
reportable income group.
** Prerequisites
The reportable income group must be defined in Reportable Income Group
(AP02.1). Also define income codes in Income Codes (AP05.5) to track
reportable income. Assign those codes to the vendors you want to track
reportable income for.
** Decision/impact
If you define a minimum amount in the Box number fields, the system will not
create forms for vendors with reportable income less than or equal to the
minimum amount you define. To print one form 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 Vendor (AP10.1), the legal name defined for the last vendor
processed for the Tax ID prints on the 1099 form.
** More help
Run Reportable Income Report (AP245) to list invoices that make up a vendor's
reportable income, and use Reportable Income Adjustment (AP45.1) to correct
reportable income invoice information before running AP145.
Updated Files
CKPOINT - Updates check point record.
Referenced Files
APINCCODE - Validates income code.
APPAYMENT - Primary file to derive reportable income amounts.
APTAXENT - Validates relationship between reportable income group and
company or process level.
APTAXGROUP - Validates reportable income group.
APVENADDR -
APVENMAST - Validates vendor.
INVOKED Programs
IFCU
IFSG
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