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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)
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'.
very useful information, thanks a lot!
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