How to setup 1099R types and classes
Wondering if anyone has setup 1099R for withholding in Payables before. I'm struggling with the fact that demo does not setup anything as classes unless there are dollars associated with it. However, for 1099R box 7 has 9 distribution codes that could possibly populate this field...how does the system know which one to choose and do I need to set 7 up as a class? If so where are the codes stored (i.e. distribution codes for retirement benefits such as Disability, Death, Norma distribution, etc.)?