W-8 Forms Setup

The W-8 Forms Setup functionality allows you to configure the types, parts and fields that make up the various IRS W-8 Forms, allowing you to capture the W-8 Form information for foreign vendors in CGI Advantage. The W-8 Form setup tables allow you a great deal of freedom in choosing how to configure the various W-8 Form Types including what fields to display, what labels those fields will have, and what information will be required. This allows you to determine how closely you want to follow the IRS W-8 Form guidelines, or based on your specific needs, whether additional information should be required. CGI Advantage Financial allows you to capture the W-8 Form information from a foreign vendor using the W-8 Form component on the Vendor/Customer page, as well as the VCC and VCM transactions in Financial. Additionally, a W-8 Form page is available in the VSS Registration process, as well as a W-8 Form sub-section under the Account Information section so that VSS vendors can add and update their W-8 information via VSS and have the information synch to Financial. All the information displayed on the W-8 Form components and pages in Financial and VSS are dynamically rendered by the applications based on the configuration in the below W-8 Form setup tables, giving you a very quick and efficient method to update the W-8 Forms based on the latest requirements.