Supplier Management

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Topic

    Faye Karas
    How to Configure Foreign Suppliers for 1042-S Reporting
    Topic posted October 19, 2018 by Faye KarasBronze Medal: 1,250+ Points, tagged Supplier Profile Management 
    687 Views, 3 Comments
    Title:
    How to Configure Foreign Suppliers for 1042-S Reporting
    Summary:
    How to Configure Foreign Suppliers for 1042-S Reporting (Form 1042-S, also "Foreign Person's U.S. Source Income Subject to Withholding", is used to report any payments made to foreign persons. )
    Content:

    How to Configure Foreign Suppliers for 1042-S Reporting.  Form 1042-S, also "Foreign Person's U.S. Source Income Subject to Withholding", is used to report any payments made to foreign persons.

    Version:
    Oracle Cloud Fusion R13

    Comment

     

    • Hong Gao

      You can use the Tax Organization Type attribute on supplier profile as well as the Use withholding tax flag/Withholding tax group (under Income Tax tab) to configure the supplier.  For financial reporting on these suppliers, please reach out to the financial team.

      Thanks,

      Hong

    • Alan Rowland

      This is a couple of years old -Form 1042-S_ Fusion Payables (Doc ID 2084028.1)

    • s k

      Hi Faye,

      Please explain your experience in how you managed to do 1042-S Reporting.

      Thank you