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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / D365 Tax 1099 setup Ba...
Finance | Project Operations, Human Resources, ...
Answered

D365 Tax 1099 setup Bank Account Used for 1099 Payments

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Posted on by Oceanfish26 626

Can anyone tell me the purpose of the field Bank Account Used for 1099 Payments in the Tax 1099 setup screen?

(Org Admin > Legal Entities > Tax 1099)

pastedimage1587387083888v1.png_2D00_600x600.png

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  • Verified answer
    Ding Li Profile Picture
    Ding Li 480 on at

    Hi,

    When print Tax 1099 report (1099-INT type), the system will get the "Routing Number" from the specified bank account and print as 'Payer RTN'.  

    pastedimage1587686904700v1.png

  • GeminiC Profile Picture
    GeminiC Microsoft Employee on at

    very useful information, thanks a lot!

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