Article ID: 6406

1099 Reports - End of Year

End of Year Procedures

You can use the 1099 Report to see how much you paid to a vendor during the past year and to create a 1099 form.

Take the following steps to verify that the Vendor appears on the 1099 Form:

  • Check the 1099 box on the Vendor Form.
  • Verify that you paid the vendor at least 600 dollars in the current year by clicking the History tab in the Vendor Form.
  • Verify that the Vendor was paid by creating a payable.

    • NOTE: If a check is created but not a payable, the payment does not appear in the 1099 Report.

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Printing a 1099 Report

Take the following steps to print a 1099 Report:

  1. Click Reports on the menu bar.
  2. Click Standard Reports to open the Standard Reports window.
  3. Click the Vendor tab.
  4. Click the Format subtab and click to highlight the 1099 Report.
  5. Click the Filter subtab and select the filters that you want.
  6. Click the Options subtab and click Classify Accounts to open the 1099 Account Setup window.
  7. Click to tag the General Ledger Account(s) requiring 1099 reporting and click OK.
  8. Click Preview to view the report or click Print to print the report.
    NOTE: If the totals on the form are incorrect, make sure that the Vendor information is set up and make sure that the Vendor was paid.

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Printing 1099 Forms

Take the following steps to print 1099 Forms:

  1. Click Reports on the menu bar.
  2. Click Standard Reports to open the Standard Reports window.
  3. Click the Vendor tab.
  4. Click the Format subtab and click to highlight the 1099 Report.
  5. Click the Filter subtab and select the filters that you want.
  6. Load the 1099 Forms into the printer.
  7. Click Print.

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