1099 Payment Report

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1099 Payment Report

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The 1099 Payment Report function allows you to print or preview summary information on payments made to each 1099 vendors for each 1099 type. The report only shows payments posted for 1099 transactions.

 

This report has the following uses:

 

To review and verify the 1099 payments for each 1099 vendor

 

To use as reference when reviewing expenditures for 1099 independent contractor services

 

 

To generate the 1099 Payment Report, follow these steps:

 

1.Access the 1099 Payment Report function from the 1099 group in the Reports main menu.

 

2.Click the List box button next to the Configuration field; then, select the report configuration that you want to use.

 

3.Select the report sorting option by clicking on the List box button next to the Sort By field.

 

4.In the Layout field, click the List box button to select the report layout you want to use in generating the report.

 

5.In the Report Configuration area, you may mark the Individual checkbox if you want to generate the report for a single record and enter the appropriate value in the adjacent field; otherwise, select in the Filters area the preferred criteria in generating the report.

 

6.Select any of the following options for which you want to generate the report:

 

Current 1099 Year

Prior 1099 Year

 

7.Choose from the following options the payments that you want to include in the report:

 

All 1099 Payments

1099-MISC Payments Only

1099-NEC Payments Only

 

8.Click the Preview or Print button to preview or print the report. In the Report Preview Page, you may click the Configure tab to return to the Report Configuration Page.

 

 

The 1099 Payment Report function also provides you with flexibility to perform the following:

 

Set up user-defined sort option

Include notes in the printed report

Export the report to various supported file formats

Send the report as attachment to an email

Drill-down on certain fields in the report:

oVendor #

AccountMate displays the Vendor Profile when you click the Vendor # in the report.

 

 

 

See Also

1099 Reports

 

 

 

 

 

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