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I got a message left on the machine that a company needed a W9 so they could process a bill.?ÿ
I'd never heard of this company, so I figured it was a third company that handles billing for a project I'm doing that has at least 6 companies involved so far. I'm having trouble keeping all the players straight and this looks like another one.?ÿ
Nope!!?ÿ
Once I puzzled it out what they wanted it looks like another company that handles business for a local utility. Took some time to get to just what we did for them.?ÿ
This seems to happen more and more. The nice lady says we will need to set-up a MSA and a VA with them to get paid. I finally said why not pay this invoice and if another job comes up then look at going through all that. I think I got the check processed. I figure that's a win for the morning.?ÿ
Arrrgh!?ÿ Is there an appropriate new term to describe what we normally refer to as paperwork that does no longer involves paper for the most part??ÿ I am not familiar with the terms MSA and VA for billing.?ÿ We get a handful of W-9 requests each year, usually about mid-January.?ÿ Rarely ahead of receiving payment for an invoice.
Off topic but relevant
When I was in business we would occasionally receive an "audit" request of billing amounts for a particular client for the YTD. When working with large corporations this is not an unusual request and comes from corporate. The first time I received one I really didn't know which specific info they were requesting so I called my client and was referred to accounting. I found out this was an illegal phishing maneuver currently in use by internet thieves in hopes of gaining access to corporate websites. (How, I do not know)
In any event always verify any requests for information about anything to do with a client. ?????ÿ
No payment - no W-9
You issue a W-9 prior to payment receipt, you may as well kiss the money goodbye and move it to the appropriate accounting category. ?????ÿ
A W-9 is nothing more than your address and taxpayer identification number. They are routinely requested and given. There is no peril involved.
MSA-Master Services Agreement,,,,,,,,,,,,,VA- Vendor Application (actually it's Vendor Form, but I want to say VA).?ÿ
I ended up doing both for another company, the Vendor Application covered exactly nothing that the MSA didn't.?ÿ
Go figure.?ÿ