Is there a solution in Acumatica for tracking payments to foreign vendors for US Sourced Income? Or anything that helps with 1042 reporting?
Best answer by vkumar
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Hi
There is no out of the box report available for 1042 reporting. One may build a custom GI/report to retrieve the details based on country from vendor billing address.
You may post a request on our ideas page as well. (https://community.acumatica.com/ideas)
Regards,
Thank you for the reply, Vijay! Do you know if there is a way to track the payments needing reported? I noticed there is a FATCA box on vendor profiles, but it’s linked to 1099s, so maybe that isn’t it.
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