Financial Management - PSFT (MOSC)

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Withholding Vendors with multiple locations and its implications

in Financial Management - PSFT (MOSC)

Hello All,

I have question regarding withholding setup.

We have a vendor ID ABC001 that has multiple locations:  001, 002, 003, 004.

Only one of the 3 locations are currently identified as 1099 reportable.  So we did the setup as below:

ABC001 - Vendor Header is flagged as withholding

Loc 001 - 1099 Reportable. Completed setup at location for 1099.

Loc 002 - Not 1099 Reportable. Did not do any setup at location for 1099.

Loc 003 - 1099 Reportable. Completed setup at location for 1099.

Loc 004 - Not 1099 Reportable. Did not do any setup at location for 1099.

PeopleSoft does give warning but lets us save the record.

We also get similar warning when a voucher is entered for the location that is not reportable. Do you see potential issues with this? Any information is appreciated.

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