on 2020 Jan 08 9:05 PM
Is there a way to make 1099 adjustments in SAP? For example, a supplier begins the year as an LLC and in July, he becomes INC and we processed payments under the same supplier number as the LLC. Is there a way to back out the amounts from July through December for 1099 purposes? Is there a particular T-code that I can use to make these adjustments?
Hi Cathy,
There are some programs provided by SAP for adjusting values or withholding tax codes of 1099 vendors. (RFWT0010 and RFWT0020).
Check these links for more information:
https://wiki.scn.sap.com/wiki/display/ERPFI/Report+RFWT0010
https://blogs.sap.com/2014/01/24/1099-misc-changing-tax-code/
Thanks
Manoj
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