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Administrator Guide
Last Updated: 2023-06-23
Preview 1099 Reporting

Preview 1099 Reporting

  • Set up 1099 reporting for the reporting year.
  • Settle payment transactions for 1099 payees.
  • Security:
    Reports: Supplier Accounts 1099 - USA
     domain in the Supplier Accounts functional area.
You can preview 1099 reporting to ensure that 1099 payees and their payment data are accurate and complete before creating 1099 runs.
  1. Access the
    1099 Report
    .
    You can run this report for a company or a company hierarchy. The report summarizes data by company, showing:
    • The total reportable amount.
    • The total number of payments made to 1099 payees; this number includes nonreportable amounts, such as amounts with spend categories that you haven't mapped to 1099 boxes.
    • The total number of 1099 payees.
  2. To see detailed data, drill down on payees.
  3. For the selected
    1099 Form Type
    ,
    Company
    , and
    Tax Year
    , review these columns:
    Option Description
    Tax Reportable Payee
    Lists 1099 payees with payment activity for the specified tax year. The report excludes payees with no payment activity.
    Tax ID
    If the tax ID of a 1099 payee is missing or incorrect, you can update the payee to enter or correct the tax ID.
    Categorized Payments
    The total amount for payments made to a payee in the
    1099 Category
    . It includes payments made to 1099 payees for transactions with lines having spend categories mapped to 1099 categories.
    Meets Threshold
    Displays whether the payment total for a given category meets or exceeds the minimum amount for the
    1099 Category
    . If so, Workday includes the amount in the 1099 report. You control the thresholds set by the IRS in the
    Update 1099 Configuration
     task.
    Reportable Amount
    For payments made to 1099 payees, Workday calculates the reportable amount based on your tax applicability and spend category options, and includes:
    • Freight Amount
    • Other Charges
    • Tax Amount
    Uncategorized Payments
    The total amount for payments made to the payee that doesn't display on the 1099 MISC or 1099 NEC form. These payments don't map to one of the 1099 categories. Drill into the amount to see details about these payments.
    Total Payments
    Drill into the amount to see details about all categorized and uncategorized payments.
Create 1099 runs.