The Data & functions > Royalty payments > Payment record > More tab specifies the general ledger accounts impacted by the payment record and the tax reporting category for this payment record.
GL Accounts. GL accounts determine how the payment is applied when imported into an organization’s accounts payable system. The GL accounts can be automatically populated with default GL accounts derived from the GL account list or the product line list.
Income Tax. The income tax section can specify the tax reporting category for the payment recipient. In the United States the two categories for royalty payments are 1099-MISC for US residents and 1042 for non-residents.
Recipient. This check box specifies whether the royalty beneficiaries payment was made to their agent.