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What does the Company checkbox on Supplier Withholding set up do?

in Financial Management - PSFT (MOSC) 1 commentAnswered

Hi,

We are on Peoplesoft 9.2, PUM 23, upgrading to PUM 38 soon.

What is the purpose of the Company checkbox on the supplier setup for Withholding? Does it have anything to do with creating an IRS File? Does it simply identify a supplier as a company vs. an individual? We use the 1099 delivered process.

Thanks,

Linda

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