I have activated 1099 for vendors and have also run the program RFWT0020 to update all the invoices and payment document. when I run the program only the invoices with the posting date of the reporting period (2015) and which have been cleared in 2015 get picked. There are some payments for 2014 invoices which are also paid in 2015 . These payments are not getting picked.
Is this a standard behavior of the program ?
As per IRS you should be reporting all the payments that are made for the fiscal year 2015
Can some one help !! its Urgent