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general:1099_create_1099_object_codes_table
Finance > Tables > 1099 Object Codes
In file ID C, review all of the object codes that were used when paying 1099-eligible vendors. You can add and/or delete object codes as needed. Generally, 62XX accounts are included.
Ensure that you are appropriately capturing any end-of-year payable transactions from the current or prior year.
Note: If the table is not populated with object codes and type payments, all transactions (regardless of object code) for each 1099-eligible vendor are extracted when the Create 1099 Work Table utility is processed. The table must be completed prior to printing the 1099 forms.
Log on to the prior year file ID.
Ensure that the prior and current year file ID object code tables have the same object codes since the amounts spent from January 1 - August 31 exist in the prior year file ID.
general/1099_create_1099_object_codes_table.txt · Last modified: 2024/02/09 14:23 by emoreno