Field Definitions: AP 1099 Edit Transactions Form
The following is a list of field descriptions for the AP 1099 Edit Transactions form. Many of the descriptions include links to other topics that provide additional information about or related to the topic.
Vendor
The Vendor field on the AP 1099 Edit Transactions form.
Specify the vendor for which you are adjusting 1099 information.
Box#
The Box# field on the AP 1099 Edit Transactions form.
Indicates the box number in which the 1099 amounts are accumulated and printed.
To edit the box number, enter the new box number or press F4 to select from a list of valid boxes. If changed, the year-to-date 1099 amounts for this vendor are moved to the new box number.
Type
The Type field on the AP 1099 Edit Transactions form.
This field defaults the 1099 form type for this vendor, as specified for the transaction in the AP Transaction Entry form. you may change this field if applicable.
If this transaction’s amount is to be included for filing purposes, use a 1099 type of “MISC” (Miscellaneous Income), “INT” (Interest Income), “NEC” (Non-employee compensation), or “DIV” (Dividends/Distributions).
If you're using using 1099 types for informational or reporting purposes only, and not for filing, any type is acceptable.
1099
The 1099 check box on the AP 1099 Edit Transactions form.
If this check box is selected, this transaction’s invoice amount is included in the year-to-date 1099 amounts for this vendor. Changing this setting removes the invoice amount from the 1099 totals.
If this check box is not selected, the transaction’s invoice amount is excluded from the year-to-date 1099 amounts for this vendor. Changing this setting adds the invoice amount to the 1099 totals.
Expense Month/Paid Month
The Expense Month/Paid Month fields on the AP 1099 Edit Transactions form.
This field displays as "Expense Month" unless the "Select by Paid Mth" check box has been selected, in which case, it displays as "Paid Month".
Enter the expense month or paid month and click the Refresh button to populate the grid with all 1099 transactions that were 'expensed' or 'paid' in the indicated month.
Select by Paid Mth
The Select by Paid Mth check box on the AP 1099 Edit Transactions form.
Select this check box to select transactions for editing by paid month. When selected, the Expense Month field toggles to Paid Month.
Leave this check box unselected to select transactions for editing by expense month.
Year Ending
The Year Ending field on the AP 1099 Edit Transactions form.
Enter the calendar year-ending month for which to adjust 1099 information.
