AP: Print 1099 Forms - Revision history

Chanson at 17:02, 22 December 2021

2021-12-22T17:02:29Z

Chanson at 17:01, 22 December 2021

2021-12-22T17:01:54Z

Chanson at 14:58, 22 December 2021

2021-12-22T14:58:33Z

Chanson at 14:58, 22 December 2021

2021-12-22T14:58:00Z

User: 1 revision imported

2020-01-08T12:59:30Z

1 revision imported

en>Chanson: /* Process 1099s */

2017-11-16T15:03:06Z

Process 1099s

New page

=1099 Instructions=
applies to:
:Print 1099 Forms
:1099 Audit List

==Setup==
Make sure all Vendors that should receive a 1099 are setup correctly. 
[[Image:AP1099_VM.jpg]] 
:1. Setup the 1099 Class. 
:2. The most common Class is M for box 7 of the 1099 Misc. 
:3. Additional boxes on additional forms can be created in 1099 class Maintenance. 
==AP Year End==
# Setup Periods for the new year 
## Select “Setup Periods” from the Accounts Payable Month End menu. 
#:[[Image:AP1099_1.jpg]] 
## Enter “2008” in the Year box and hit “tab” 
## Follow the prompts to fill in the 12 calendar months automatically. 
## Click OK or press F2 when done. 
# Close Old Year (also see [[Setup Periods]]) 
#:[[Image:AP1099_YE.jpg]] 
## Select “Setup Periods” from the Accounts Payable Month End menu. 
## Enter “2007” in the Year box and hit “tab” 
## Mark the Status “C” for Closed.
# Run Year End Processing
## Open Month/Year End Processing from the Month End menu of Accounts Payable 
## Select Year End and enter date parameters 
#:[[Image:AP1099_YEPR.jpg]] 
## Click OK 
## Click YES to procede. 

Note: Running Year End Processing recalculates Year to Date Purchases and Payments for the new and prior year. If you make transactions into AP after running Year End Processing, run the processing again.

==Process 1099s==

# Select '''1099 Audit List''' from the Month/Year End menu of Accounts Payable
## Select the Form to be Printed 
#:[[Image:AP1099_P2.jpg]] 
## Select '''Run with Prior Year''' option if you have run A/P Year End.
#:note: Select Include Non-1099 Vendors and preview to check for vendors who may need to be setup for 1099s.

# Select Print 1099 Forms
## Select the Form to be Printed 
#:[[Image:AP1099_P1.jpg]]
## Select the appropriate 1099 Class 
## Click Payer Info tab to set up company name and address. 
## Select Include Inactive as well as Include Active. 

==Tips==

===Override 1099 Amounts===
In some cases, it may be necessary to manually set the 1099 amount, rather than depend on the Y-T-D check total. In vendor maintenance, the Last Year Purchases, and Y-T-D Purchase amount fields can be edited. NOTE: running year end processing will reset these values.

===Alignment===
If printer alligment is problem, try adjusting the margin settings on the Advanced tab.

[[Image:AP1099 Margin.jpg]]

← Older revision		Revision as of 17:02, 22 December 2021
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	See [[AP: Year End]] for full instructions of the process.		See [[AP: Year End]] for full instructions of the process.
−
−	~~[[Image:Ap1099 p2.png]]<br>~~

	[[Image:AP1099_P1.png]]		[[Image:AP1099_P1.png]]

@@ Line 3: / Line 3: @@
 See [[AP: Year End]] for full instructions of the process.
-[[Image:AP1099_P2.png]]<br>
+[[Image:Ap1099 p2.png]]<br>
 [[Image:AP1099_P1.png]]

@@ Line 3: / Line 3: @@
 See [[AP: Year End]] for full instructions of the process.
-[[Image:AP1099_P2.jpg]]<br>
+[[Image:AP1099_P2.png]]<br>
-[[Image:AP1099_P1.jpg]]
+[[Image:AP1099_P1.png]]
 ===Alignment===

@@ Line 1: / Line 1: @@
-=1099 Instructions=
+This option is used to print 1099 forms at the end of the year.
-==Setup==
+See [[AP: Year End]] for full instructions of the process.
-Note:  Running Year End Processing recalculates Year to Date Purchases and Payments for the new and prior year.  If you make transactions into AP after running Year End Processing, run the processing again.
+[[Image:AP1099_P2.jpg]]<br>
 ===Alignment===
-If printer alligment is problem, try adjusting the margin settings on the Advanced tab.
+If printer alignment is problem, try adjusting the margin settings on the Advanced tab.
 [[Image:AP1099 Margin.jpg]]

← Older revision	Revision as of 12:59, 8 January 2020
(No difference)