How to Update Default Vendor 1099 Box Code

How can I update the vendor default box code?

• Enterprise ERP

• Accounts Payable

• 1099

• Vendor Maintenance

Instructional

Financials > Purchasing > Setup > Vendors

Click Search, enter vendor info (such as Vendor number) and click Accept
Click Update
Click the General tab and scroll down to IRS Information section
Click the dropdown for Default and choose the box code needed for the vendor
Click Accept

User will require the AP permission Modify 1099 Codes

This will affect the default box code on invoicing for that vendor going forward. It will not be retroactive.