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    Nishanth B Jain
    US 1099 format customization
    Topic posted November 18, 2019 by Nishanth B JainSilver Crown: 22,500+ Points, tagged Financials, Help Center, Invoice Imaging, Payables, Reports, Sample Reports, Setup / Administration, Tip 
    23 Views, 3 Comments
    Title:
    US 1099 format customization
    Summary:
    US 1099 PDF
    Content:

    Team,

    We have account number field in US 1099 forma, which is printing blank.

    What is the source of this field?

    Can we change it to Supplier number?

    Its a PDF template and we dont see any option to add text field here.

    Thanks,

    Nishanth

    Image:

    Comment

     

    • Alan Rowland

      From MOS - How To Populate Supplier Number As 'Account Number' In 1099 Report? (Doc ID 2542587.1)

      "Account Number
      The account number is required if you have multiple accounts for a recipient for whom you are filing more than one Form 1099-MISC.
      Additionally, the IRS encourages you to designate an account number for all Forms 1099-MISC that you file.
      See part L in the 2019 General Instructions for Certain Information Returns.

      This is not a required field, so Oracle does not store that information or print anything in that box.
      Account number is not used at all in the 1099-MISC processing done by Payables.
      Supplier Number, Vendor ID, Site ID are all internal identifiers that have no meaning to the IRS and therefore are also not printed."

      From the IRS - https://www.irs.gov/instructions/i1099msc

      "Account NumberFATCA filing requirements

      The account number is required if you have multiple accounts for a recipient for whom you are filing more than one Form 1099-MISC. The account number also is required if you check the "FATCA filing requirement" box. See FATCA Filing Requirement Checkbox, earlier. Additionally, the IRS encourages you to designate an account number for all Forms 1099-MISC that you file. See part L in the 2019 General Instructions for Certain Information Returns."

       This is optional unless you have multiple accounts.  Supplier number is often used or you could use a DFF for the value. 

       

      • Nishanth B Jain

        Thank You Alan, We went through this MOS already, we need some work around to get this field populated with Supplier Number

        • Alan Rowland

          I would hesitate expending  a lot of time and effort developing this fix; the IRS is changing the form next year.