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Setting 1099 Vendor Information

Vendors that require 1099 forms must be specifically identified. Only selected non-incorporated vendors require a 1099 form. Complete the following steps to enable a 1099 vendor:

  1. Go to Expenses > Vendors, select a vendor record, and open the Terms tab to configure settings for 1099 vendor options.

  2. Enable the "Vendor receives 1099" option if this vendor is eligible to receive a 1099. Contact an accountant or an EBMS consultant for criteria that determine if the vendor is eligible. A vendor does not always receive a 1099 form. When the "Vendor receives 1099" option is enabled, the payments made to the vendor must equal or exceed threshold amounts for specific General Ledger accounts.

  3. Enter the vendor-supplied Tax Identification (Tax ID) number for every vendor that is selected to receive a 1099.