1. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. 1099 Processing for 2011 Calendar Year GeorgiaFIRST Wimba Training Series 1

2. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Agenda Wimba Ground Rules Review Objectives Changes from previous year 1099 processing Overview of the 1099 Process 1099 Setup Steps 1099 Processing throughout the year AP_WTHD Process 2

3. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Agenda Reviewing 1099 Items Making Corrections and Adjustments 1099_RPT_PST process Producing the IRS file Final Steps before producing Copy B Reports Generating Copy B Reports WTHD_SENT process 1099 Processing User’s Guide Q & A 3

4. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Wimba Ground Rules Submit all questions to “Main Room” please We may hold some questions to the end of the session 4

5. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Objectives Review the changes and modifications in the 1099 process from the previous year Walk through the 1099 process, detailing what to look for and best practices for processing Introduce users to 1099 Processing User’s Guide 5

6. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099 Changes for CY2011 Ability to mask TINs on Copy B’s (removed) BORRY010 Report: This report was modified to include certain cancelled payments that were previously not being included. IRSTAX.001 output file had one minor change Print 1099 Copy B pages were modified to hide options that we do not use. 6

7. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099 Overview Process 7

8. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 8

9. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099 Setup Steps Optional Review (See 1099 User’s Guide for detailed instructions) – Review A1 Calendar – Review Withholding Entities – Review Withholding Rules – Review Withholding Types – Review Withholding Codes Setup/Review Report Control Information 9

10. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Setup Report Control Information 10

11. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Setup Report Control Information 11

12. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Setup Report Control Information 12

13. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Setup Report Control Information 13

14. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 14

15. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099 Processing Throughout the Year Entering 1099 Vendors – BOR_AP_1099_VENDORS Entering 1099 Withholding Vouchers Posting 1099 Vouchers – Payment Posting App Engine Process Year-Round Queries – BOR_AP_1099_PMTS – BOR_AP_1099_JE – BOR_AP_1099_NONRPT_CONSISTENT – BOR_AP_1099_MISMATCHED 15

16. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Entering 1099 Vendors 16

17. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Entering 1099 Vendors 17

18. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Entering 1099 Vendors 18

19. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_VENDORS Query Query shows 1099 applicable vendors for a selected SetID and Vendor Status Can be run throughout the year 19

20. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_VENDORS Query 20

21. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Entering 1099 Vouchers 21

22. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Entering 1099 Vouchers 22

23. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Queries to Run Year-Round BOR_AP_1099_PMTS BOR_AP_1099_JE BOR_AP_1099_NONRPT_CONSISTENT BOR_AP_1099_MISMATCHED 23

24. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 24

25. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_WTHD Process AP_WTHD Process is run to post withholdings Combines voucher and payment info in the PS_WTHD_TRXN_TBL Reports generated from this table Payments must be posted before running this process 25

26. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withhold Transaction Post 26

27. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 27

28. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099 Review Pages, Queries, and Reports designed to help you review your 1099 transactions and determine if adjustments are needed 28

29. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Review 29

30. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Vouchers by Vendor – Review vendor withholding transactions by vendor – Review one vendor at a time 30

31. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Vouchers by Vendor 31

32. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Vouchers by Vendor 32

33. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Review Payments to WH Vendors Review Payments to Withholding Vendors – Review all payments and associated vouchers made to withholding entities by vendor 33

34. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Review Payments to WH Vendors 34

35. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Review Vendor Balances by Class Review 1099 Vendor Balances by Class – Review vendor total withholding transactions by class over a specified period of time 35

36. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Review Vendor Balances by Class 36

37. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_PMTS Query List of all 1099 Reportable Items Lists all payments where both the vendor and voucher have been marked as ‘Reportable’ Includes the Vendor, Voucher, and Payment IDs Should be run for both Primary and “B” Business Units – Should be no results for “B” Business Units Can be run throughout the year 37

38. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_PMTS Query 38

39. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_JE Query Transactions entered through modules other than AP and as online journal entries are not automatically included in 1099 reporting Query lists entries posted to the typically reportable accounts (7278xx, 719xxx, 7481xx, 751xxx) From the results, determine if any items need to be reflected in 1099 reporting If so, you will need to manually adjust (AP.080.090) Can be run throughout the year 39

40. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_JE Query 40

41. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_NONRPT_CONSISTENT List of transactions that are charged to typically reportable accounts (719xxx, 7278xx, 7481xx, 751xxx) and will not be reported because: – Vendor is marked WH, but associated Vouchers are not – Vouchers are marked WH, but vendor is not – Neither vendor nor vouchers are marked WH Transactions listed here will not be reported unless both the Vendor and Vouchers are marked as Withholding Can be run throughout the year 41

42. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_NONRPT_CONSISTENT 42

43. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_MISMATCHED Query List of transactions charged to any account where either the vendor is marked as WH, but the associated vouchers are not, or where the vouchers are marked as WH, but the vendor is not Transactions listed here will not be reported unless both the vendor and vouchers are marked as WH Differs from BOR_AP_1099_NONRPT_CONSISTENT query in that it is not limited to only typically reportable accounts Can be run throughout the year 43

44. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_MISMATCHED Query 44

45. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Duplicate Vendor Report – Identifies duplicate vendors that may require adjustments to combine withholding totals for vendors with duplicate TINs – If not adjusted, multiple 1099s may be issued to the vendor 45

46. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Duplicate Vendor Report 46

47. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Duplicate Vendor Report 47

48. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Control Report – Lists detailed information for each vendor with Withholding Activity – On report, one page per vendor – Very detailed report – Does depend on the Post Withholdings process 48

49. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Control Report 49

50. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Control Report 50

51. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_ADJUST Query Lists all manual adjustments entered for the selected calendar year Recommended that you run this prior to making adjustments for current 1099 processing year and then after they are made to compare results and verify adjustments were made correctly 51

52. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_ADJUST Query 52

53. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BORRY010 Report BORRY010 1099 Reportable Transactions Report – Shows all 1099 reportable transactions, including adjustments – Only ‘Amount’, ‘Amt Under Minimum’, and ‘Calculated Reportable Amount’ columns will be populated This is until the Withhold 1099 Report Post (1099_RPT_PST) and Withhold 1099 Report (AP_APY1099) processes are run 53

54. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BORRY010 Report 54

55. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BORRY010 Report 55

56. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 56

57. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series What Requires Adjustments A vendor is marked as Withholding, but their vouchers are not Vouchers are marked as Withholding, but the vendor is not An invoice line for a Withholding vendor needs the withholding removed 57

58. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Making Corrections and Adjustments When making an adjustment, use either Withholding Vendor Update, Withholding Invoice Line Update or adjust manually Whenever possible, make adjustments through Withholding Vendor Update or Withholding Invoice Line Update (instead of manual) – Updates the underlying tables as well 58

59. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series What Type of Adjustment Are Adjustments Needed Withholding Vendor Update Withholding Invoice Line Update Withholding Update Process Manual Update Perform Review Steps Again 59

60. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Vendor Update Use to change withholding applicability or class Will apply to all vouchers for the vendor When completed, must run the Withholding Update Process Make sure to update the actual Vendor first 60

61. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Vendor Update Example: – Vendor not created as 1099 Withholding Vendor and you need to make all vouchers for that vendor ‘withholding’ – Need to update the actual vendor as well 61

62. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Vendor Update 62

63. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Vendor Update 63

64. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Vendor Update 64

65. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Vendor Update 65

66. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Vendor Update 66

67. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Invoice Line Update Use when needing to update one of the following on an invoice line: – Withholding applicability – Withholding class Updates only the selected invoice lines When completed, must run the Withholding Update Process 67

68. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Invoice Line Update Example: – All of vendor’s vouchers marked as ‘withholding’, yet one is not supposed to be a withholding voucher 68

69. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Invoice Line Update 69

70. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Invoice Line Update 70

71. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Invoice Line Update 71

72. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Invoice Line Update 72

73. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Update Process Remember to run the Withholding Update Process (AP_WTHD_UPDT) after completing Withholding Vendor Updates and Withholding Invoice Line Updates Process updates the withholding transactions and the underlying voucher tables 73

74. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Withholding Update Process 74

75. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series After Withholding Update Process 75

76. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series What Type of Adjustment Are Adjustments Needed Withholding Vendor Update Withholding Invoice Line Update Withholding Update Process Manual Update Perform Review Steps Again 76

77. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Manual Adjustments Can manually adjust posted withholding transactions by vendor or add withholding entries from a legacy or third party system Needed if transactions were entered via journal entry 77

78. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Manual Adjustments Example: – A wire was sent to Vendor – Journal Entry used to expense – Manual update needed to report that amount 78

79. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Manual Adjustments 79

80. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Manual Adjustments 80

81. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Manual Adjustments 81

82. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Manual Adjustments 82

83. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Manual Adjustments 83

84. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Making Corrections and Adjustments Very Important: When adjustments have been completed, go back and perform the review steps to ensure adjustments were made correctly 84

85. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 85

86. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099_RPT_PST Withholding Report Post Populates the Withholding 1099 table by extracting data from the Withhold Transaction table and inserting it into the Withholding 1099 table, if it exceeds the reporting threshold System uses data to create a file for the IRS, forms for vendors, and to process corrections Must be run prior to Generating Withholding Reports 86

87. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099_RPT_PST 87

88. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 88

89. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_APY1099 Generate Withholding Reports Creates a flat file for the IRS Populates the Withholding to Send and Copy B tables 89

90. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_APY1099 90

91. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_APY1099 91

92. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 92

93. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BORRY010 Report BORRY010 – 1099 Reportable Transactions Report – Shows all 1099 reportable transactions, including adjustments – Compares the calculated reported amounts to the actual reported amounts, as compiled by the 1099_RPT_PST and AP_APY1099 processes in the PS_WTHD_TO_SND_DTL records 93

94. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BORRY010 Report 94

95. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BORRY010 Report 95

96. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_SND_DTL_TOT Query – Use query to obtain reportable totals, grouped by class – Total should match both the total on the BORRY010 Report and the 1099 Withholding to Send Detail Report 96

97. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series BOR_AP_1099_SND_DTL_TOT Query 97

98. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099 WH to Send Detail Report 1099 Withholding to Send Detail Report – Report creates a replica of the data in the file you are sending to the IRS – Use the report to review a summary of the data stored in the Withholding Detail table 98

99. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099 WH to Send Detail Report 99

100. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series After Review… Do any additional corrections need to be made? If so, make the corrections and perform review steps again – If making corrections, remember to run 1099_RPT_PST & AP_APY1099 processes again 100

101. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 101

102. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 102

103. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Print 1099 Copy B Generate the Copy B Report to send to vendors (AP_COPY_B) Run the APCOPYB job 103

104. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_COPYB PSJob 104

105. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_COPYB PSJob 105

106. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_COPYB PSJob 106

107. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_COPYB PSJob 107

108. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_COPYB PSJob 108

109. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series AP_COPYB PSJob 109

110. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Additional Steps Review, print and send Copy B Reports to vendors Send IRSTAX.001 file to IRS – Reference IRS Publication 1220 for instructions on sending your file. – http://www.irs.gov/pub/irs-pdf/p1220.pdf http://www.irs.gov/pub/irs-pdf/p1220.pdf 110

111. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 111

112. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series WTHD_SENT Finalizes the 1099 reporting and file creation process Records all data in the file you have sent in the Withholding Sent tables and deletes data from the Withholding to Send tables Do not run this process until you have sent file to IRS and received confirmation of acceptance by the IRS 112

113. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series WTHD_SENT 113

114. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Common Problems & Solutions Complete steps in order of flowchart How to save a file http://www.irs.gov/instructions/i1099gi/index.html http://www.irs.gov/pub/irs-pdf/i1099msc.pdf 114

115. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series 1099 Processing User’s Guide Step-by-Step guide for 1099 Update for 2011 with minor changes Located on GeorgiaFIRST website: – http://www.usg.edu/gafirst-fin/documentation/ http://www.usg.edu/gafirst-fin/documentation/ – Under 1099 Includes a checklist. 115

116. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Q & A 116

117. © 2010 Board of Regents of the University System of Georgia. All Rights Reserved. GeorgiaFIRST Wimba Training Series Wrap Up Objectives – Reviewed the changes and modifications in the 1099 process from the previous year – Walked through the 1099 process, detailing what to look for and best practices for processing – Introduced users to 1099 Processing User’s Guide Archive Follow-Up Survey 117