What is the name control field?
Issue/Symptom/Question
What is the client control name field in the Vendor Information window?
Environment
- Vendor Information window > name ctrl code field
- Generating 1099s in PENTA
- Accounts Payable module
Resolution/Fix/Answer
- The name control code is used for 1099s, a sequence of characters derived from a taxpayer's name that is used by the IRS.
- Please visit the IRS website for additional information:Â https://www.irs.gov/businesses/corporations/using-the-correct-name-control-in-e-filing-corporate-tax-returns