Note: To use this screen, you must have security authorization to maintain tax numbers.
Overview
Note: Depending on how your system is set up, this desktop screen may also be available as a web screen. For more information, see the Web Screens Getting Started Guide or the help for Sage 300 web screens.
If the Use 1099/CPRS Reporting option is selected on the A/P Options screen, you can use Accounts Payable to track payments to vendors who are subject to CPRS reporting.
To print this data, you must select CPRS for the Tax Reporting option in the vendor record.
You can print the data on an official CPRS form, or you can print on plain paper. To print on plain paper, you need a file for printing the entire form (instead of only the data). For more information and to get the file, see Knowledgebase article 102399.
Accounts Payable comes with a sample T5018 (APCPRS.rpt) format, designed for laser printers. (The format was valid at the time this program was released. If the form changes, you can update the report formats using Crystal Reports.)
When to Print
Print T5018 (CPRS) forms at the end of each calendar year, after you have entered all transactions for the calendar year.
Information Printed on This Report
The sample T5018 (CPRS) form includes the following information:
- Your company name, address, and tax number (TIN/SSN).
- The vendor name, address, and tax number (TIN/SSN).
- The CPRS payments you made to the vendor in the calendar year.
- Only standard codes are printed on the stock T5018 (CPRS) Amounts report.