NoteWhen setting up, use this tab to add and edit data that is used to complete the Payer A record on 1099 electronic or magnetic media files and the fields on a printed 1099 form. Complete this tab only if this company is being set up to submit 1099-related data for 1099 reportable payments made during the calendar year. Refer to 1099 Applications on the eFinancials Menu for more information.
Note
This version of the 1099 Payer tab for company setup is only available when your system uses Standard Setup.
Fields
Transmitter
Click the Lookup Button
to display the Select Transmitter Tab
and select the transmitter control code for the company.
You can select the same transmitter control code for more than one company. When reporting occurs, records for this company are generated and grouped with any other company records that use the same transmitter control code to produce one XML file. GEMM uses that file to produce a single 1099 report. Refer to Transmitter Applications on the eFinancials Menu for more information.
Property Group
Select a Property group from the drop-down list.
You can select only one property group for this company. Groups that have been selected for other companies do not display on the drop-down list. When properties associated with this property group pay invoices that are 1099 reportable, details for these transactions are gathered and reported under this company for 1099 processing. Refer to Groups Concepts and Processes for more information.
Foreign Entity
This option defaults as unchecked. Accept this default if the company is domestic.
Click this option to add a check mark if the company is foreign.
Company Name
Enter the company name associated with the tax identification number on the General Tab Companies.
Address
Enter the street address where the 1099 payer is located. For example:
127 Best Way, Suite 55
Zip / City / State
Enter the zip code, city, and state in which the address for 1099 payer is located.
Region
This field displays in place of the State field if you select the option Foreign Entity on this tab. Enter the region in which the address for 1099 payer is located.
Country
This field displays only when you select the option Foreign Entity on this tab. Enter the country in which the address for 1099 payer is located.
Phone
Enter the phone number for the 1099 payer, beginning with the area code and using a standard domestic format.
If you select the option Foreign Entity on this tab, the phone number accepts most international phone formats. If the field is not accepting the format you are attempting to use, enter the number without any non-numeric characters or spaces.
Buttons
Cancel
Select this button when you want to stop without saving changes.
Save
Select this button to save changes.
Setup Questions 1099 Payer Tab
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