Quickbooks, Bookkeeping and Accounting Blog

QuickBooks makes it easy to note which vendors are eligible for 1099s. Taking the time to do so will save you a lot of time at year end. To mark a vendor as being eligible for a 1099 in QuickBooks, simply:

• Go to the Vendor Center (Vendors:Vendor Center)
• Select a vendor
• Click on “Edit Vendor”
• Select “Additional Info” tab
• Check “Vendor eligible for 1099″
• OK

QuickBooks has two 1099 reports (1099 Summary & 1099 Detail). They can be found in the Vendors & Payables section of the Reports menu.