EAP WTHD16: IRS Tax file error, 'B' record(s) contains Payment Amount Fields that do not correspond to the Amount Code(s) in the 'A' record(s)
(Doc ID 2239451.1)
Last updated on MARCH 01, 2017
Applies to:PeopleSoft Enterprise FIN Payables - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.
Applied the 1099 Update for 2016 and ran the 1099 Report to only include Box 7 in the IRS tax file. The IRS tax file failed with wan error. Vendor having the issue reports in both Box 01 and Box 07. It seems the detail was sent for both Box 01 and 07 in the B record, but only Box 07 was noted in the A record. The Vendor has one Location with two Withholding Codes linked to it.
1 'B' record(s) contains Payment Amount Fields that do not correspond to the Amount Code(s) in the 'A' record(s).
1. Run the 1099 Job
2. Review the IRS Tax file
3. 'A' Record -- Field Position 28-43 (Amount Codes): Position 28 only has 7 (Nonemployee compensation)
'B' Record -- Field Position 55-66 (Payment Amount 1*) has an amount (The amount reported in this field represents payments for Amount Code 1 in the “A” Record.)
Field Position 127-138 (Payment Amount 7*) has an amount (The amount reported in this field represents payments for Amount Code 7 in the “A” Record.)
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