Type
This field defaults to the 1099 type specified for this vendor (in AP Vendors); may be overridden.
If 1099 amounts are to be included when printing 1099s or creating 1099 electronic files (AP 1099 Processing), you must specify a 1099 type of “MISC” (Miscellaneous Income), “INT” (Interest Income), or “DIV” (Dividends/Distributions).
Note:
If you are using 1099 types only for informational or reporting purposes, any type is acceptable.
Canadian users
See Type for the Canadian field definition.
