New Vendor Information
Before requesting a new vendor you must first search to see if the vendor already exists and if the address is already correct if it does exist. For instructions on how to search for existing vendors please see pages 1 through 9 of the Non-PO Voucher 9.0 Appendix (Vendor Request Guide). If you have searched for your vendor and it does not exist, you will first need to obtain a W-9 or W-8 from your new vendor, and then request the new vendor be created. For instructions on requesting a new vendor please see pages 10 through 16 of the Non-PO Voucher 9.0 Appendix (Vendor Request Guide).
When creating a new Vendor Request for Non-US Residents, there are three additional questions that must be answered and attached with the request (Please place this information in the comments field of the vendor request form):
- Is the Vendor being reimbursed for travel expenses or being paid for a service?
- If the Vendor is being paid for a service, did the service take place within the US or overseas?
- If the service took place within the US, please obtain clearance from the appropriate campus Non-Us Citizen Tax and Employment Coordinator below:
University of Missouri-Columbia
University of Missouri-Kansas City
Missouri University of Science and Technology
University of Missouri-St. Louis
- Go to the sendback email and click on the blue link which will take you back into your original vendor request form
- Once you are back in the vendor request form, perform whatever action is requested in the sendback.
Example: You have been requested to provide a W9. Click on the button called W9. It will prompt you to browse your computer to bring the W9 file from wherever you have stored it, in order to upload
- Once W9 is uploaded, OR after whatever action that need to be done has been completed, please state the action taken in the requester comment box and hit Save.
- Only this procedure will bring the vendor request form back into the queue where we have access to it to complete your request.
To ensure your check goes to a specific person within an organization, you may:
- Prepare the voucher requesting a Hold Check.
- Pick up the check when it is ready.
- Prepare a cover letter including as many details as required to ensure your check goes to the right person.
- Mail the check and cover letter to your designated person.
PAYMENT TO VENDORS
In its effort to streamline processes and to ensure continued compliance with certain Internal Revenue Service (IRS) requirements, the University will now require departments to obtain an IRS Form W-9 or Form W-8 for each new vendor. This documentation should be submitted with the vendor setup request.
All new vendors (suppliers, established businesses, and non-employees) who submit invoices for payment, including payments for honorariums, must supply the University with a copy of the completed W-9 or W-8 form (or like form that obtains all necessary information)*.
- U.S. vendors are required to provide a Form W-9
- Non U.S. vendors are generally required to provide a Form W-8
REASONS FOR THIS REQUIREMENT:
- The W-9, W-8 ensures that the University has the payee’s correctly spelled name and correct mailing address for purposes of 1099 reporting.
- The W-9, W-8 ensures that the University has a business’s legal name and Doing Business As (DBA) name.
- The W-9, W-8 ensures that the University has a payee’s correct Tax Identification Number (FEIN or SSN).
a) You may delay the process of adding a new vendor if the above is not provided. Asking the vendor to provide the proper documentation in the beginning of the process will help avoid any loss of time.
b) If payment is for REFUND purposes, a W-9/W-8 is not required.
*SUBSTITUTE FORM W-9
You may develop and use your own Form W-9 (a substitute Form W-9) if its content is substantially similar to the official IRS Form W-9 and it satisfies certain certification requirements.
You may incorporate a substitute Form W-9 into other business forms you customarily use, such as survey participation forms. However, the certifications on the substitute Form W-9 must clearly state (as shown on the official Form W-9) that under penalties of perjury:
- The payee's TIN is correct,
- The payee is not subject to backup withholding due to failure to report interest and dividend income,
- The payee is a U.S. person, and
- The payee is exempt from FATCA reporting.
YOU MAY NOT:
- Use a substitute Form W-9 that requires the payee, by signing, to agree to provisions unrelated to the required certifications, or
- Imply that a payee may be subject to backup withholding unless the payee agrees to provisions on the substitute form that are unrelated to the required certifications.
A substitute Form W-9 that contains a separate signature line just for the certifications satisfies the requirement that the certifications be clearly stated.
If a single signature line is used for the required certifications and other provisions, the certifications must be highlighted, boxed, printed in bold-face type, or presented in some other manner that causes the language to stand out from all other information contained on the substitute form. Additionally, the following statement must be presented to stand out in the same manner as described above and must appear immediately above the single signature line:
“The Internal Revenue Service does not require your consent to any provision of this document other than the certifications required to avoid backup withholding.”
If you use a substitute form, you are required to provide the Form W-9 instructions to the payee only if he or she requests them.