Payables and Cash Management - EBS (MOSC)

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1099 reportable supplier becomes non-reportable

edited Mar 14, 2013 11:44AM in Payables and Cash Management - EBS (MOSC) 1 commentAnswered
One of our previously 1099 reportable suppliers has incorporated as of February 1, 2013 and no longer requires 1099s.

The Federal and State Reportable boxes on the Tax Details page of the supplier record have been unchecked and will prevent future reporting.

I have noticed, too, that the supplier will no longer appear on re-runs of 2012 1099s.

Is this expected behavior?  How do I maintain history for suppliers who incorporate mid-year?

 

 

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