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Payment Requests for reportable amounts (1099) — Cloud Customer Connect
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Payment Requests for reportable amounts (1099)

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Summary:

The payment request FBDI does not currently support 1099 reporting for payees.

Content (required):

In the Health Care space there roughly 80,000 payment requests per month. Some of the payment requests are taxable and we must capture 1099 information for reporting. Capturing this information as full Supplier records make the Supplier Master extremely large with vendors that may be used for a few payments then never used again. Any other suggestions other than a custom job for end dating the supplier master based on an inactivity timeframe?

Version (include the version you are using, if applicable):

21C

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