Generating Prior 1099
Generating Prior 1099
NOTE: If you are looking for detailed information on 1099 filing, refer to this year's current documentation:
Prior payments for 1099 vendors who were paid out of a different system during the same tax year may be recorded in CINC Accounting to generate one 1099 form.
Select Vendors > Vendors. If you are using universal navigation, click Payables > Vendors > Vendor List.
On the Vendors screen, click on the vendor’s name.
Click the Prior 1099 tab.
On the Total Prior Payments To screen, click New.
Enter the following information, then click Save:
By Association: Select the association for whom the vendor completed work.
In Year: Enter the year in which the payment was made.
Prior Payments: Enter the total amount of prior payments made to this vendor.
