1099s

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

Vendor

These fields display the vendor ID, name, and location from the main screen.

1099's

Print 1099-MISC Form

Select this checkbox to affect only the creation and printing of 1099s for this vendor; it does not affect the 1099 column on the voucher line level in the Enter A/P Vouchers or Enter PO Vouchers screens in Costpoint Accounts Payable.

Type

Select the type of 1099 payments made to this vendor. This will determine in which box the YTD payments are reported 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. Currently, you can withhold a portion of the amount owed if you do not have a valid tax ID.