As part of the 1099 process, you may need to look at individual transactions (payables) to determine which ones are included in 1099 calculations and which ones are not. For example, the 1099 amount for a particular vendor seems low, and you want to see if all the payables to that vendor were included.
Go to Accounting > IRS Forms > Update Payables For 1099.
Use the top part of the screen as a filter. In the example shown above, we searched for payables to Garden Girls that were excluded from the 1099 amount.
The search results (in the lower half of the screen) show three payables. We can then include them in the 1099 amount, by de-selecting the Exclude check box on each line and click Update.
The screen can be used three ways:
You can search for payables to determine their 1099 status (included or excluded).
You can update payables, changing them from excluded to included.
You can update payables, changing them from included to excluded.
Note(s):
The Payable screen does not show the 1099 status of a payable (included or excluded). You can only view the status by using the Update Payables for 1099 screen.
If you change a vendor, owner, or GL account to include it or exclude it in the 1099 process, the change does not affect posted payables. The only way to change a payable's 1099 status is to use the Update Payables for 1099 screen.