Navigation: Supply Base > Suppliers > Entry > Create Supplier
Type : Standard Supplier
Organization Name : Computer Consulting Services
Taxpayer ID : 555-22-1560
[APPLY]
Navigate to Organization
Type : Supplier
[SAVE]
Navigate to Tax Details
Reportable : Federal [CHECK]
[SAVE]
Navigate to Invoice Management
Invoice Currency : US dollar
Hold from Payment : All Invoices [CHECK]
Payment Hold Reason : Enter any valid Hold Reason [1099 Supplier]
Payment Currency : US dollar
Terms : 30 Net
Terms Date Basis : Invoice
Pay Group : ABC PAY (Which you created on earlier session)
Create a Supplier Site (for Income Tax Reporting)
Navigate to Address Book
[CREATE]
Address Line 1 : 1st Main Road
City : Half Moon Bay
County : San Mateo
State : CA
Postal Code : 94019
Address Name : Half Moon Bay
Phone Area Code : 650
Phone Number : 555-1234
Address Purpose : Payment [CHECK]
[CONTINUE]
Created Supplier site successfully.
Navigate to Tax and Reporting
Main Information
Allow Tax Applicability [CHECK]
Income Tax Reporting Site [CHECK]
[SAVE]
Remove the Payment Hold for 1099 Supplier
Remove the Payment Hold for 1099 supplier while the 1099 supplier has returned a complete 1099 tax verification letter.
Responsibility: Payables, Vision Operations (USA)
Navigation: Suppliers > Entry > Search: Supplier Name = Computer Consulting Services
Navigate to Invoice Management
Hold from Payment, All Invoices [UNCHECK]
[SAVE]
A 1099 Supplier created successfully.
Thanks Sridevi.
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