Vendor Master File
Q. (cont.) ... to deactivate the old vendor and create a new vendor with the new name, or to
… Read MoreQ. (cont.) ... in order for AP to pull down their invoices. Do they participate? Or just continue
… Read MoreQ. (cont.) Is this information correct? Office holiday parties/picnic - 100% deductible
… Read MoreQ. (cont.) ... but still submit paper? Is there a standard charge for processing paper invoices
… Read MoreQ. (cont.) We recently received documentation requesting that we update a supplier's banking
… Read MoreNo, addresses are not part of the IRS cross-matching process for validating Name-TIN combinations.
… Read MoreQ. (cont.) Do we issue two separate 1099s for each name along with the amounts paid to each, or
… Read MoreWhile we don't have a template document on this topic, I found these resources online which may be
… Read MoreYou only report services on the vendor's 1099 form. The purchased equipment would be considered
… Read MoreQ. (cont.) AP requested the W-9 and noticed the name does not match the W-9. Payment has already
… Read MoreWhat are you waiting for?
