1099 Report

The 1099 Report helps track payments made to independent contractors, vendors, or non-employees for services during a tax year. It is primarily used in the United States to prepare and file Form 1099-NEC (Nonemployee Compensation) or Form 1099-MISC (Miscellaneous Income) with the IRS.

To tag a vendor as 1099-eligible:

1. Go to Accounts Payable > Vendors.

   
2. From the vendor list, click the vendor’s name (for example, KPMG).

   
3. Next to the vendor’s name, click the arrow icon and select Details.

   
4. In the vendor details page, click Edit in the upper-right corner.

   
5. At the bottom of the General Information section, select the 1099-Eligible checkbox.

   • Optionally, enter the Tax ID for reporting purposes.

6. Click Save to apply your changes.

   

Only vendors marked as 1099-eligible will appear in the 1099 Report.

View the 1099 Report

You can generate the 1099 Report using two methods:

• Cash Method: Displays all cash payments to 1099-eligible vendors.

• Accrual Method: Displays all Bills, Charges, and Quick Entries to 1099-eligible vendors, regardless of payment status.

  

Credit Card Transactions

Credit card payments are excluded from the 1099 Report. These transactions are reported by the credit card company and are not included in your company’s 1099 filings.

See Also

Explore more tax and reporting resources:

• Sales Tax Report

• VAT Report

• Understand VAT and Sales Taxes

• VAT Taxes in Rillet

See Also:

Learn more about compliance reports:

• Sales Tax Report

• VAT Report

• Closing the Books