Use the options on the 1099 Processing menu to create setup records for 1099 processing. Setup records contain your organization's information, as well as 1099 Type information for associating payments with the appropriate boxes on 1099 forms. During processing, the system uses the setup information to:
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Match vendor records by 1099 type.
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Load records into the appropriate 1099 work files.
Follow all IRS instructions when entering your 1099 setup records. Otherwise, the IRS may not be able to accept your 1099 electronic file.
1099 Setup Options
The following options can be found in the 1099 Set-Up section of the 1099 Processing menu: