Use the 1099 Invoice Exceptions Report to review paid invoice distributions with inaccurate or missing 1099 income tax information. Before you run your 1099 reports, you should run the 1099 Invoice Exceptions Report for each tax entity to identify any invoice distributions that Payables will treat as exceptions in your 1099 reports.
You can use the Update Income Tax Details Utility to correct incorrect or missing Income Tax Type or Income Tax Regions. If the supplier's 1099 status is incorrect, you can correct it in the Tax region of the Suppliers window.
The 1099 Invoice Exceptions Report is divided into the following sections:
Invoice Distribution Lines for 1099 Suppliers with No Income Tax Type
Invoice Distribution Lines for Non-1099 Suppliers with an Income Tax Type
Invoice Distribution Lines with Null or Invalid Income Tax Regions Note: this section of the report prints only if the Payables option for Combined Filing is enabled.
1099 Suppliers with a Negative Income Tax Type Total. Note that this does not apply to the Withholding tax distributions with an Invoice Tax Type of MISC4.
1099 Suppliers with Withholding Exceptions. This section shows suppliers that have positive MISC4 totals.
For each exception, the report lists invoice and distribution information. This report is sorted by supplier, then invoice, and invoice distribution number.
Reporting Entity. The name of the reporting entity for which you want to list 1099 invoice exceptions.