1099s

Use this subtask to store information about a vendor's calendar year payments and 1099 requirements.

Use this subtask when you add a new vendor or update information on an existing one.

Vendor

The vendor ID from the main screen displays here.

1099's

Print 1099-MISC Form

Select this checkbox to create a 1099 for this vendor. Selecting this checkbox will enable the Type drop-down box.

Type

Select the type of 1099 payments made to this vendor. This will determine what checkbox the YTD payments are reported in on the 1099.

Tax ID

Enter the tax ID for this vendor. We recommend that you obtain the vendor's tax ID before issuing payment to the vendor. You are allowed to withhold a portion of the amount owed if you are not provided with a valid tax ID from the vendor.