Review and Update the 1099 Vendor List

Year-end is nearing – now is a perfect time to review your vendor information for 1099 preparation.  Maintaining updated information helps with stress free form preparation in January.  This can be accomplished in the Vendor Center in QuickBooks.

QuickBooks Desktop

QuickBooks Online

Mapping the expense accounts eligible for 1099 usage and preparation of 1099s can be completed in the Preferences area in QuickBooks Desktop and the Expenses/Vendors area in QuickBooks Online.

QuickBooks Desktop

QuickBooks Online

Questions on how to perform this tip? Contact one of our QuickBooks ProAdvisors at (888) 388-1040.