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1099 processing

1099 Properties tab on the Vendors screen

Use the
1099 Properties
 tab of the Vendors screen to specify 1099 forms and box numbers to which amounts are to be accumulated for reporting. This tab is available in the
Vendors
 screen only if the currently selected vendor has been designated as a 1099 recipient on the
Main
 tab.
The form/box number combinations you set up here will then be made available for selection in the
Distributions
 tabs of the
Vendors
 screen, the
Enter Transactions
 screen, and in all transaction entry screens.
Select
Setup
,
Vendors
, then the
1099 Properties
 tab.

Fields and buttons — 1099 Form Selection

Select the forms and box numbers as appropriate for the client. To delete a selection in an individual field, use the
Backspace
 or
Delete
 key on your keyboard. To delete an entire row, select the
Delete
.
Form Selection
All supported 1099 forms are available in the drop-down list. Select the appropriate 1099 form from the drop-down list.
Box, then Description (1)
All box numbers relating to the selected 1099 form are available for selection, omitting any box selected on the same row for the second
Box
 field. From the drop-down list, select the box number for which to track transaction totals. The description for the selected box number automatically displays in the Description column.
Box, then Description (2)
All box numbers relating to the selected 1099 form are available for selection, omitting any box selected on the same row for the first
Box
 field. From the drop-down list, select the box number for which to track transaction totals. The description for the selected box number automatically displays in the Description column.
Default.
Mark this checkbox to indicate that the 1099 and box selection is the default to be used for this vendor's transactions. It is not necessary to mark this checkbox, but only one can be marked at a given time - if you mark a second checkbox, the first is unmarked automatically.
One Form Per Transaction.
Marking this checkbox indicates that each transaction will require a separate 1099 filing for the selected form.
When this checkbox is marked, the
One form per transaction
 checkbox will be marked by default in the Form 1099 Details dialog (available from the Enter Transactions screen).
Always Print Form.
Mark this checkbox if you want to print the selected 1099 form even if it exceeds printing, client, or transactional override thresholds and even if it contains zero amounts.
Navigation and Delete buttons.
You can use
Delete
 to delete items and the up and down arrows to move rows in the grid.

This article applies to:

  • Product: Accounting CS
  • Subject: Setup

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