IRS 8300 Prompt for Social Security Number

Speak with a Bravo support agent to enable prompting for IRS Form 8300 customer information.

An IRS Form 8300 must be filed for a customer whenever:

• More than $10,000.00 in cash is received from the customer in a single transaction.
• More than $10,000.00 in cash is received from the customer in two or more transactions within a 24-hour period
• More than $10,000.00 in cash is received from the customer in any number of related transactions within a 12-month period

When one or more of these conditions are met and the store is configured to prompt for IRS Form 8300 customer information, a dialog will appear to prompt you to collect the customer's Social Security Number, which is needed on the IRS Form 8300. This information will not be saved in Bravo, it is just a prompt to remind you that it will need to be collected. A report will print at this time showing the related payments which sum together to exceed this $10,000.00 threshold.

8300 Audit Report

The 8300 Audit report can be found under Closing Reports on the Reports screen. When this report is run, you have the option of selecting a customer or running it for all customers, and you are able to select a range of dates to search for any qualifying groups of payments that warrant the filing of an IRS Form 8300.

For more information on this report, please see the article here .