The Valid Vendor Organization and 1099 Reporting Class (VORGCL) page allows you to establish the valid combinations of Organization Type, Organization Classification, TIN Type, and 1099 Reporting Classification. The 1099 reporting process uses the classification to determine reportability.
You may specify if the TIN is required for the VORGCL record. The system validates the vendor record against this table when creating or modifying vendor records using either the vendor page or the vendor transactions. If the combination of Organization Type + 1099 Classification + Taxpayer ID Number Type matches a value on the VORGCL page OR the combination of Organization Type + 1099 Classification matches a value on the VORGCL page and:
If the TIN Required flag is checked, the system requires the user to specify a Taxpayer ID Number.
If the TIN Required flag is not checked, the system does not require the user to specify a Taxpayer ID Number.