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Setup Questions - Vendor 1099 Tab

Questions in this section are intended to help you make decisions about your setup. The questions follow the pattern detailed in the field list that is associated with the task. A field list follows the questions should you need additional information to answer a question.

Instructions

1. Print this topic—one set of questions for each vendor you want to add. Right-click this topic to display a pop-up menu, and then select Print.
2. Confirm that you have read the setup details on the topic.
3. Answer each of the questions on this page.
4. Enter a response or circle your answer. If circling, use a highlight marker to select an If statement that matches your response. The If statement tells you what you should do on the tab in the system.
5. Use your answers to set up each vendor you want to add.

Questions for 1099 Address Tab

Is the 1099 address for the vendor the same as the vendor address?

Circle one: Yes or No.

If yes, add checkmark at Same as Main Address.
Do not complete the remainder of the questions.

If no, accept the default of no checkmark at Same as Main Address.
Complete the remainder of the questions if the information is needed.

What is the vendor 1099 address?

______________________________________________

______________________________________________

______________________________________________

Zip __________City __________________State ______

Who is the contact at the vendor 1099 address?

Enter a title, first name, middle initial, last name, and suffix (for example, Sr.):

______________________________________________

At what phone number can you reach the contact at the vendor 1099 address?

Area code ________ Phone number:________________

At what fax number can you reach the contact at the vendor 1099 address?

Area code ________ Phone number:________________

At what email address can you reach the contact at the vendor 1099 address?

Enter an address: _______________________________

Questions for 1099 Information

Bus. Type

What type of business does this vendor operate?

Circle one: (Not Set), Sole Proprietorship, Partnership, Corporation, DBA.

Tax ID

What is the tax identification number for this vendor?

Enter a number: _________________________________

This field is required if this vendor is paid 1099-reportable funds.

Tax ID Type

What is the tax identification type for this vendor?

Circle one: (Not Set), SSN, EIN. Ask the vendor for the type.

This field is required if this vendor is paid 1099-reportable funds.

Tax Name

What is the tax name for this vendor?

Enter a name: ___________________________________

This field is required if the business type is Sole Proprietorship or DBA.

1099 Category

What is the 1099 category for this vendor?

Refer to  Invoices Tab, Paying Invoices with Different Payees/Addresses Using One Vendor for more information.

Enter a category: _________________________________

W9 on File

Do I have a W9 on file for this vendor?

Circle one: Yes or No.

On the screen:

—If yes, add a checkmark.

—If no, accept the default of no checkmark.

Navigation

Vendors Overview