Menu Path: Fund Accounting > Periodic Routines > Periodic Processing > 1099 Processing > Setup 1099-G Parameters
Use this option to enter system parameters for loading 1099-G records. You can define the type code and minimum amounts for the following payments:
|
Box |
Payment Type |
|---|---|
|
1 |
Unemployment Compensation |
|
2 |
State/Local Income Tax |
|
5 |
Alternative Trade Adjustment Payments |
|
6 |
Taxable Energy Grants |
|
7 |
Agriculture Payments |
|
9 |
Market Gain |
Fields
|
Field |
Description |
|---|---|
|
Code |
Code indicating the type of payment to load in the corresponding box on the 1099-G form. The selections in the drop-down list come from Fund Accounting's 1099 Types table. If the appropriate selections do not display, be sure to add the missing records to the 1099 Types table. |
|
Minimum Amount |
Minimum year-to-date 1099 payment total allowed for a 1099 form to be created for a vendor. For example, if you enter 600.00, 1099 forms are created only for vendors who were paid $600.00 or more in the past year. |