Concept: 1099 Report
You can run the
1099 Report
as an alternative to previewing 1099 payment details.
Workday recommends that you preview 1099 payment details instead of running the
1099 Report
, as the View 1099 Payment Details
report offers filtering and sorting capabilities. See Steps: Preview 1099 Payment Details. The
1099 Report
summarizes payment activity for the selected 1099 Form Type
, Company
, and Tax Year
:
- 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.
When you drill down on the number of payees, Workday displays their payment activity, including:
Option | Description |
|---|---|
Payee
| The report only includes 1099 payees with payment activity for the specified tax year. |
Categorized Payments
| The total amount for payments made to a payee in the 1099 Category . The amount includes 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 that you configure in the Update 1099 Configuration task. |
Uncategorized Payments
| The total amount for payments made to the payee that doesn't display on 1099 forms. These payments don't map to any of the 1099 categories. |
Total Payments
| You can drill into total payment amounts to review details about all categorized and uncategorized payments. |
You can run the
1099 Report
for:
- Companies with a base currency of USD.
- Company hierarchies where at least 1 company has a base currency of USD.