IMPORTANT: Close your 1099 year in Accounts Payable every year-end to keep it up to date. See How do I close the year or the 1099 year in Accounts Payable?

You can verify your current 1099 year as follows:

1. In Accounts Payable, from the File menu, select Company Settings, AP Settings.
2. Make a note of the date in the 1099 year ending date box.
3. Click Cancel.

• If your 1099 year ending date is two years in the past or less, follow the steps in Option 1.
• If your 1099 year ending date is beyond one year in the future or is more than two years in the past, follow the steps in Option 2 to correct your 1099 year.

Option 1: The 1099 year is two years in the past or less

1. Close the 1099 year once or twice as necessary to bring it up to date. See How do I close the year or the 1099 year in Accounts Payable?
2. If you printed checks or generated/recorded payments with a date two or more years after what the 1099 year ending date was, correct the 1099 totals. See How do I use the Accounts Payable Recalculate 1099 Totals tool to correct 1099 amounts?
3. If you have not printed checks or generated/recorded payments with a date two or more years after what the 1099 year ending date was, no further action is necessary.

Option 2: The 1099 year is more than one year in the future or it is more than two years in the past

1. Turn on Audit setup activity. See How do I use Audit setup activity?
2. From the File menu, select Company Settings, AP Settings.
3. If prompted, click Start to print your audit journal to a file or printer.
4. Manually type the correct calendar year-end date in the 1099 year ending date box.
5. Click OK.
6. Correct your 1099 totals. See How do I use the Accounts Payable Recalculate 1099 Totals tool to correct 1099 amounts?
7. Turn off Audit setup activity.