In Version 15.2, we simplified the 1099 output options in Accounts Payable Software (APS). Amounts for 1099s are now retrieved only from the invoice file, thereby eliminating year-to-date timing issues that occurred with using the Vendor Analysis Totals. Because of this program change, it is especially important that you don’t Purge Checks if you print 1099s.

Additionally, if a user has the need to print a 1099 for a particular vendor that only includes a portion of the checks written to that vendor for that year, they should create a 2nd vendor in APS for that entity and transfer the checks that they don’t want to include in the 1099 totals to the 2nd vendor. Alternatively, they can create a new vendor and add a manual check for the amount they want printed on the 1099. 

For more 1099 Tips, refer to our Knowledge Base Article R11278 – Accounts Payable Software Year-End Overview.