Contents: This report shows a listing of 1099 transactions in a user-specified year. Listed on the report is the following information:
Name
Address
City
State
Zip
Tax ID
Cat
Transaction Type
Claim Number
Business Type
Check #
Total
Each Company / State / Line of Business is displayed separately. Totals are listed all lines of business / state. A grand total is displayed for all companies / states / lines of business at the end.
Who Uses Report: The Accounting Department to audit 1099 reporting information by vendor prior to required yearly 1099 reporting to the IRS.
When to Run Report: The report can be run at anytime; preferably quarterly or year end.
Input Parameters:
Company / State / Line of Business (With a selection criteria including "All")