Cancelled Invoice With Income Tax Type MISC7 Showing Up On The 1099 Payments Report
Last updated on APRIL 26, 2017
Applies to:Oracle Payables - Version 12.1.3 and later
Information in this document applies to any platform.
The payment for the invoice was issued in 2016 but voided in 2017 and the invoice was cancelled without removing the MISC7 income tax type from the distributions. The 1099 payment report is pulling this cancelled invoice distribution because it satisfies the condition of the payment in 2016. The reversal of this invoice distribution is created in 2017 when the payment voided and invoice cancelled and hence it is not pulled for the payment report.
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