Accounts Payables 1099s

Prior to Printing 1099s:

Check what Vendors are setup to receive a 1099 and the amount:

1. Go to Interactive Report

1. .

1. Click on the + sign next to Vendor > select 1099- Summary > Tax Form criteria will list the different tax form types: select a Form > select the Year > select View

1. Report

Notes: 

• Run the report for each Tax Form Type

• Only vendors who have been set up with a 1099 Form Type and a check mark on Use 1099 in vendor maintenance will be listed on the report.

• Only vendors listed on the report will receive a 1099.

Make Corrections to the 1099 Amount or Form

1. Go to Accounts Payable on left menu > select the Vendor you wish to edit > select the 1099 Tab on the left pane> On the Adjustment Tab click on the Add New icon

1. Enter the information and adjustment amount > Save and Exit the adjustment screen when done > Save and Exit the Vendor Maintenance screen.

1. • If there have been previous adjustments made they will be listed in Yellow; see below image.

1. You can edit the adjustment or delete by highlighting the line and choosing the Edit Icon or Delete icon .

1. 1. If a Vendor is to receive different 1099 Forms for different services, make an adjustment entry and select the correct 1099 Form and Box for each amount.

Print 1099

The 1099 Wizard is used to print 1099 forms. It uses any standard form available at office supply stores It will only print 1099s for vendors who have met the payment threshold set by the government.

Clubessential Office does not print the 1096, but the information needed to enter the information manually can be obtained using the 1099 Summary Report in Interactive Reports.

1. Select Accounts Payable on Left Menu > select 1099 Wizard > In the Form 1099 Generation Wizard select the form and year > select Next to move to step 2.

1. In the Available Vendor box will display only vendors setup to receive a 1099: highlight the vendor > using the arrows move the Vendor to Selected Vendor box > select Next to move to step 3.

1. • Only Vendors in the Selected Vendor box will print a 1099

   • The double arrows will select all vendors, the single arrow will select only the vendor highlighted

1. Select thePrint Options > Adjust Margins if needed > Print a Test Page > Select Finish to move to step 4

1. • Select the Print Option that matches the format being used

     • One Vendor, one copy per page

     • One vendor, multiple copies per page

     • Multiple vendors per page

     • Load report from file

     • Generate e-file for IRS FIRE system

   • Adjust Margins - Enter adjustment amounts in inches, .25 = ¼ inch.

1. Select the Printer > number of Copies > select OK when ready to print

1. Select Close when printing is complete.