Payables and Cash Management - EBS (MOSC)

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1099 supplier naming convention question

edited Sep 26, 2017 3:25PM in Payables and Cash Management - EBS (MOSC) 4 commentsAnswered

Hi,

We have multiple systems and want to differentiate a supplier between systems. I have the following questions in regards to 1099 submission for these suppliers

1. Will adding an asterisk at the end of a supplier name cause a problem while submitting 1099? For example - Office Deport Inc.*

2. If not then, we will have two supplier records in ERP with the same TIN number, will this cause any problems at the time of submitting the 1099 form? Two suppliers being Office Deport Inc. and Office Deport Inc.*

3. Can we submit two separate 1099 forms for these suppliers with the same TIN number, will this be flagged by the IRS as an unacceptable practice?

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