Vendor 1099 Processing

Article Content: This Article Shows How To Generate And Print Vendor 1099 Forms In Synergy Accounting.

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Step-By-Step:

To print 1099's, go to the Vendor 1099 Processing tab under Accounts Payable.

Step 1: Define which 1099's are to be printed. The user may choose to print all categories, a specific category for all vendors, or a range of vendors.

Step 2: Make sure to check “electronic” if you are filing electronically.

*If you select this option, the layout will be automatically generated. If you do not check electronic, you will need to select a layout.

1099 type:

All types - Choosing this option will print all 1099 categories.

Specific type- Choose this category for printing only one 1099 category. Generally used types are category 7 (Non-Employee Compensation) or A (Attorney Fees). If 7 is selected, the NEC form will generate.

Form layout- Select the correct layout.

Contact Phone - This field must be filled in with the user’s phone number. This is required to print on the 1099's by the Federal Government.

Processing Year - Placing a year in this field will allow the user to process 1099's according to the date the voucher was paid and not rely on the Last Year to Date Paid amount in Vendor Maintenance. *Corporate Users: The Processing Year must be left blank if processing 1099s using multiple A/P companies.

Vendor - Choose all vendors or a range of vendors.

Step 3: Select “Generate 1099” once all information is entered correctly.

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