How to set up 1099 Vendors in Zoho Books
Setting Up 1099 in Zoho Books
To track payments made to your vendors for 1099:
- Go to the Vendors module under Purchases on the left sidebar in your Zoho Books account.
- Select the vendor for whom you want to track the 1099 payments.
- Click Edit on top of the preview screen on the right side.
- In the Edit Vendor screen, scroll down to the bottom of the page to find the ‘Do you want to track 1099 payments for this contact?’ field.
- On checking the box, the Tax ID field will appear right below. Select from EIN, SSN, ATIN and ITIN tax types and enter tax number of your contact in the exact format that is provided to you.
- Click Save.
This will ensure that all your 1099 payments made to this contact is tracked.