In Advantage Financial, the System Special Accounts (SPEC) page allows you to define the default accounts and some special-purpose accounts by Fiscal Year that are used throughout the system. These accounts may be used by the application as default values for accounting line posting. These accounts may also inherit special constraints and behaviors. For example, only system-generated entries may be posted to the Disbursements Payable account and Warrants Payable account. However, it is not possible to enter these accounting elements in an accounting distribution of a transaction.
The System Special Accounts table provides fields to support Advantage Financial subsystems. For Accounts Payable in Advantage Financial, use the System Special Accounts table to code for the Balance Sheet Accounts (and Sub Accounts). For more information about the System Special Accounts table, refer to the "Special Accounts & Special Fund Accounts" topic in the CGI Advantage - Financial Administration User Guide.
Pertaining to the Backup Withholding in the 1099 process the Backup Withholding On field value is inferred from the 1099 Processing options and Controls table.