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AP: 1099 Backup Withholding BOX 04 - Not Printing On COPY B (Doc ID 2632888.1)

Last updated on JANUARY 27, 2020

Applies to:

PeopleSoft Enterprise FIN Payables - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

1099 Backup Withholding BOX 04 is not printing on COPY B after Legacy Corrections.

Steps:

1. Supplier USA0000019  Set up as withholding required, with 1099 Withholding codes "03" as default code and add the "04" withholding code, both set to RPT.
2. Create Voucher 1 -  $100  ("03" WH code)   Date 11/1/19.
3. Create Voucher 2 - $200   ("03" WH code)   Date 12/1/19. 
4. Post the vouchers.
5. Pay Voucher 1 through express payment.
6. Pay Voucher 2 through express payment.
7. Post the payments.
8. Run Withholding Post (thru 12/31/2019).
9. Navigate to Main Menu > Suppliers > 1099 Global Withholding > Maintain > Adjust Withholding Supplier USA0000019     BU:  enter per test database; IRS; 1099  start date 01/01/2019  thru end date 12/31/2019   Search...:
- both vouchers created above are seeing  as "original transactions".
10.  Add line  (+ button)   enter information for BU; IRS; 1099; FED; and class 04  RULE 0;  on Transaction tab:  enter basis amt  $20  and payment date 12/31/19 with decl date 12/31/19.
11 Save.
12. Check supplier balance by class.
- it shows 300USD for 03 and 20USD for 04.
13. Run Withholding 1099 Report Job include manual overrides; make sure for tax year 2019; do not select box 7 box sent and accepted; check IRS File Gen Option of "ALL"  (run process RPT_1099 - which runs POST, REPORT, and COPY B sort)  this will create the IRS files (NEC and those that aren't NEC).
14. Check the IRS file:  
- it shows 300USD
15. RUN COPYB (APX1099 ¿ BI  Publisher)
- Box 3 is correct: 300USD
- Box 4 is 0.00 and it should be 20USD
"

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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