Financial Management - PSFT (MOSC)

MOSC Banner

Generate 1099 correction to zero out Amount

in Financial Management - PSFT (MOSC) 1 comment

We issued 1099s to few vendors that should not received it. Please can anyone advise process to generate corrected 1099 with $0.

1. Ran Withholding sent file

2. Adjusted amount to 0 on Withholding adjustment

Now while running 1099 Withhold report job I have selected File/Type as Original/Correction.

What should be Replacement Character to use for this case when we need to zero out 1099 sent to vendor.

We need to generate corrected 1099 PDF with $0 and also correction IRS file to upload into IRS with $0.

Regards,

Neha Sultan

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

PSFT Financial Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center