1099 Type

(US only) The 1099 Type field on the AP Vendors form, Add'l Info tab.

Specify the 1099 type to use for tracking payable amounts subject to 1099 reporting for this vendor.

Although you can accumulate totals under any 1099 type, if 1099 amounts for this vendor are to be included when printing 1099s or creating 1099 electronic files, you can only use 1099 types of “MISC” (Miscellaneous Income), “INT” (Interest Income), or “DIV” (Dividends/Distributions).