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author's profile photo Former Member
Former Member

1099 amount for partial payments

I have a scenario where one invoice can have multiple line items and only one of the line items is subject to withhold tax. For ex: one invoice is making payment for rent, and other services. But, only rent should be able to print on 1099..

I have tried the following..

1)If i process the items separately, it would still pick all invoice payments based on vendor master record settings for with hold tax.

2) If i apply disc/fixed calculations for tax type, it would apply for all vendors. Besides this, the client does not have a fixed amount to be with held based on payment amount.

Please help.. how can I accomplish this..

Regards,

Sri

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 25, 2011 at 12:54 AM

    Open with hold tax FC field to have the vendor enter the total amount. This is the amount it would print on an invoice

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