Vendors may be subject to certain reporting requirements, such as 1099 reporting (United States), T5019 reporting (Canada), and Taxable Payment reporting (Australia).

When you set up a vendor, you must specify whether the vendor is subject to required reporting. For example, a vendor doing business in the United States may be subject to 1099 reporting. Therefore, setting the Subject to 1099 Reporting check box in AP Vendors ensures that all transactions posted to that vendor are automatically flagged to be included in the vendor's 1099 totals.

For more information about setting vendor reporting requirements, click the links below.

Set Vendors Subject to 1099 Reporting (United States)

Reporting Independent Contractors (United States)

Set Vendors Subject to T5018 Reporting (Canada)

Set Vendors Subject to Taxable Payments Reporting (Australia)