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Reply from Nagarjuna Reddy on Nov 28 at 10:38 AM It is used to report payments of Services performed for a business by
people not treated as its employees, Such as payments to subcontractors,
rent payments, or prizes.
| | | ---------------Original Message---------------
From: CIndy Collins
Sent: Wednesday, October 23, 2013 1:08 PM
Subject: How to Enter Non Invoice 1099 Applicable Amounts in SAP
It is not an open payable that is to be paid. We do not want to enter it as an invoice. For example, it's a non-monetary compensation awarded to a director where the value has to be reported on the 1099.
Cindy |
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