About the 1099 report

Use the 1099 report to review reportable payments before you print or file 1099 forms.

The report helps you:

  • Verify vendor and employee 1099 information.

  • Review payments assigned to 1099 boxes.

  • Identify missing or incorrect 1099 setup.

  • Reconcile report totals with amounts that appear on 1099 forms.

As a best practice, run the report separately for vendors and employees.

What appears in the report

Depending on the report options you select, the report can include:

  • Vendors or employees configured for 1099 treatment.

  • Transactions tagged for 1099 reporting.

  • Taxable payments within the selected reporting period.

  • Summary or transaction-level detail.

For a multi-entity company configured to issue separate 1099s per entity, the entity associated with 1099 amounts depends on your Accounts Payable configuration:

  • By default, amounts are associated with the billing entity.

  • If Generate separate 1099s by paying entity is selected, amounts are associated with the paying entity based on the bank account from which the payment was made.

Learn more about 1099s and inter-entity transactions.

What does not appear in the report

The report does not include:

  • Vendors or employees that are not configured for 1099 treatment.

  • Transactions that are not tagged for 1099 reporting when Only 1099 is selected.

  • Amounts below the IRS minimum reporting threshold.

    For example, if payments for a vendor total $200 and the reporting threshold for that form is $600, the payments do not appear in the report.

Before filing 1099 forms

Review the report to confirm:

  • Vendors and employees are assigned the correct 1099 form and box.

  • Taxable payment amounts are correct.

  • Missing or incorrect 1099 information has been corrected.

After making corrections, run the report again to verify the results before printing or filing forms.

 Details
Information that appears
Information that does not appear