How to Setup 1099 Vendor in Sage 100

Summary

How to Setup 1099 Vendor

Resolution

1. Open Accounts Payable, Setup, Accounts Payable Options
2. On the Main tab, select 1099 Reporting check box
3. Click Accept
4. Open Accounts Payable, Main, Vendor Maintenance
5. Select applicable Vendor No from lookup
6. Click on the Additional tab
7. In the 1099 Form, select one of the following:
   • Select Business if the vendor is a business receiving payments to report.
   • Select Individual if the vendor is an individual receiving payments to report.
8. Default Form – Select a default 1099 form type for this vendor to use during data entry in Accounts Payable Invoice Data Entry and Manual Check and Payment Entry
9. Taxpayer ID No./Social Sec No. – If Individual is selected in the Vendor Type field, type the appropriate Social Security number. If Business is selected in the Vendor Type field, type the appropriate taxpayer ID number
10. Default Box No. – Select the number corresponding to the box on the 1099 form where the accumulated year-to-date 1099 payments for this vendor will print. The box numbers available change depending on the form selected in the Default Form field.
11. Misc Box 9 – Select this check box to automatically place an “X” in Box 9 during 1099-Misc form printing. Clear this check box if you do not want to automatically place an “X” in Box 9
12. Click Accept