AP02.1 - Reportable Income Group
Use Reportable Income Group (AP02.1) to define and maintain reportable
income groups. A reportable income group is used to group companies or process
levels within a vendor group for the sole purpose of creating reportableincome
forms and tapes.
**More Information
You must define a code name for the reportable income group, select
a vendor group, and provide the tax identification number for the vendorgroup.
The address fields are not required, but address information should be defined
because it will be included in any 1099 forms or tapes you create.
Because you will generate 1099 forms and tapes by reportable income
group, you should define at least one group for each tax identification or
registration number that you will need to report on. The reportable income
group name and address is used on the reportable income forms and tapes.
Use the Contact tab to define contact and telephone information. Use
the 1099 tab to define additional information used for creating 1099reportable
income forms or tapes.
To assign accounts payable companies and process levels to the reportable
income group, choose the Entities button to open the Reportable Income Group
Entities subform.
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File created: Thu Jun 09 11:08:07 2016
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