IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Addressing Vendor Invoices with Name Discrepancies

March 27, 2024
March 27, 2024

Share

Q. We have a vendor that submitted an invoice with one name and a W9 with another name. They need us to issue payment ASAP to avoid interruption in service and provided the following reason for the name difference."ABC Co. is an affiliate of xxxx. As of now, all their Invoices are under the ABC name. They plan to update it to their name to xxx., but this will not happen right now. It will take a few weeks." If the W9 matches with TIN check are we okay to go ahead and use this invoice and…

Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know. 
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500