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Introduction

Seattle Pacific University has partnered with Paymerang to provide streamlined payment processing to its U.S. vendors. Payments will be primarily issued via Paymerang as the preferred route of issuing, confirming, and reconciling vendor payments.

Introduction

Accounts Payable enrolls Foreign and Domestic vendors into our payment system.

We are responsible for filing 1099-MISC & 1099-NEC tax forms to each individual or business to whom the University has paid $600 or more, in reportable payments, during the tax year.

Below is a list of common 1099-MISC & 1099-NEC reportable payments per the IRS:

• Rents

• Services from nonemployees

• Prizes and awards

• Medical and healthcare payments

• Payments to an attorney

• Royalties (at least $10 in royalties)