KFS 5.3 W-8 Vendor Requirements

As part of the upgrade to KFS 5.3 the Pending Vendor Document (PVEN) document will now require the following fields when W-8 Received=Yes.

REQUIRED IF W-8 RECEIVED=YES

  • W-8 Signed Date
  • W-8 Type
    • W-8BEN, W-8BEN-E, W-8ECI, W-8EXP, W-8IMY
  • Country of Incorporation/Citizenship
    • Box 2 ON ALL W-8 Forms

OTHER VALIDATIONS

  • IF W-8 RECEIVED=YES
    • Is this a foreign vendor must also equal Yes.