• The worksheet lists each vendor that meets the amount you specify when you print the worksheet
• Consult your accountant and the Internal Revenue Service guidelines for the minimum amount for 1099 reporting

To print a 1099 worksheet

1. Select AP, Vendors, 1099 Worksheet.
2. Enter the minimum amount needed to report.
    NOTE: To see the status of all 1099 vendors, enter 0 for the amount.
3. Click Print/Preview.

Review the information 

• Only vendors designated in Maintain Vendors to receive a 1099 will appear on the list
• Review the vendor's Federal ID #, 1099 Type, and Box # for accuracy
• Verify the amounts are correct 
    NOTE: You can create a custom report to validate the amounts that appear on the worksheet
• Produce this worksheet and print 1099 forms before performing the month-end close for December
• Once you close December in Accounts Payable, you'll lose all 1099 information

1099 processing in Sage BusinessWorks - FAQ