Solved

1042 Reporting

  • 24 February 2022
  • 2 replies
  • 26 views

Is there a solution in Acumatica for tracking payments to foreign vendors for US Sourced Income? Or anything that helps with 1042 reporting?

icon

Best answer by vkumar 25 February 2022, 03:13

View original

2 replies

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.

Userlevel 7
Badge +11

Hi @mswartz 

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,

Reply


About Acumatica ERP system
Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered.
© 2008 — 2024  Acumatica, Inc. All rights reserved