| 1099 Payment Report with Partial Payment [message #353415] |
Mon, 13 October 2008 15:22 |
mchen
Messages: 1
Registered: October 2008
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Junior Member |
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Hi,
We are in R12 AP. We have some invoices that have been created and are on payment hold. We will gradaully pay the invoice by using Schudle Payment/split payment feature. We found when we make the partial payment if this partial payment has 1099able and non 1099able, then the 1099able of the payment is not shown correctly in the 1099 payment report. For example,
Invoice Amount $18,732.82
Income Tax Type = MISC7
Payment Team = NET3000
Invoice Payment on hold
Then made partial payment for $6,164.57: $6,048.50 is MISC7 and $116.07 IS NOT 1099able. How do we make the $6,048 dollar amount shown on the 1099 Payments Report?
we want to make a payment for 6,164.57, 6048.5 is MISC7 and 116.07 is not 1099able. We want to show 6048.5 on the 1099 payment report because this payment is the 1099 payment so far for the invoice.
Any advices will be much appreciated.
Thanks & Regards,
Mary
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