Cards

To set up a 1099 vendor

The preliminary steps to setting up a 1099 vendor differ based on whether or not you will use AccountEdge to track payroll transactions for your employees.

• If you plan to use AccountEdge to record payroll transactions for your employees and you haven't set up payroll yet:

1. Choose Easy Setup Assistant from the Setup menu. The Easy Setup Assistant window appears.
2. Click the Payroll button and follow the guided steps to set up payroll.

• If you don't plan to use AccountEdge to track payroll transactions for your employees:

1. Choose Load Payroll Tax Tables from the Setup menu.
2. Click Load Tax Tables to load the payroll tax tables. (For 1099 purposes only, any date for the tax tables is usable.)
3. Choose General Payroll Information from the Setup menu to open the General Payroll Information window.
4. Enter the current payroll year in The Current Payroll Year field and then click OK.

Then proceed to set up your 1099 vendor:

1. Find the card for the vendor you wish to set up as a 1099 vendor. If you need help doing this, see To find a card.

If you haven't already created a vendor card, create a card for this vendor. If you need help doing this, see To add a vendor card.

2. Click the Buying Details tab to open the Buying Details view of the Card Information window.

• Enter the vendor's Tax ID Number.

• In the Report Payments on 1099 as: field, select the 1099 category that you wish to report for this vendor.

Related topics

• Using cards
• Using the Buying Details view
• Tracking vendor payments on a 1099 statement
• Working with 1099 vendors and forms