1099 REPORTING Application Setting
Group. GENERAL |
Type. Parameter |
Application. PMS |
Description. 1099 Reporting Functionality.
Internal Name. 1099
Property Determination. The 1099 form is used to report to the US government income earned by travel agents as commissions, and income earned by owners of hotel condo units (when OPV_<version number> Opera Vacation Ownership System license is active) after any deductions but before any applied fees. OPERA allows you to prepare the 1099 as formatted file for transmission to the IRS and as printed 1099 forms (1099 MISC) for presentation to income earners.
Activation / Inactivation Rules. |
<none> |
Available Values. |
Y- Yes N- No |
Add On Licenses/Country Specifics. |
This application parameter is available only if Country Mode = US. |
Other Application Settings. |
1099 FILE THRESHOLD |
Affected Areas
Menus / Screens / Fields. |
Miscellaneous > 1099 Reporting Ownership > Update Contract > Owner’s Tab Profile |
Reports & Report Forms. |
us_1099 |
Permissions. |
1099 REPORTING |
Other Areas.. |
<none> |