Table of Contents
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Overview
The Print Vendor 1099 report shows all the vendors who have selected 1099 status and prints in the format that will appear on the 1099. Businesses must file a 1099 with respect to the payment of compensation of $600 or more in any calendar year to an individual (who is not an employee) and/or a partnership for services such as contract labor, attorneys, repair services, personal services, etc. It is your responsibility to assure 1099s are printed for the proper vendors for the proper amounts.AP > Reports > Print 1099's
Detail
Starting and Ending Vendor – choose a single vendor or print a range, you can also leave blank to print all
Annual Purchase Threshold – the over/under payout amount for the printing of the 1099 report
Year – business year the report should be printed for
Order By - There are many options to sort the display of the report by.
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