How to pay a 1099 vendor through payroll and track 1099 amounts
The ParishSOFT Accounting Payroll Module does not track 1099 contractors who are employees. In order to track 1099 vendor information, you must use the Vendor module in Ledgers & Payables. You must set the employee up as a Vendor in the Ledger & Payables Module.
Follow these steps to create a 1099 record/report for a 1099 employee:
To create a Vendor record for this employee, click the Ledgers and Payables Tab and select Vendors. Fill in the pertinent information for this Employee and use Employee as the Vendor Type.
Click on the 1099/Checks tab then mark Print 1099 for this vendor. Add the Tax ID number. Finally, enter an adjustment into the pertinent year's Adjustment Amount field. This is the year for which you need to print a 1099. When you Submit the record, it will automatically fill in the 1099 Amount field.
If you then want to generate a 1099 for Vendor Type Employee, you may select this category on the 1099 - Misc Configure Report page.
See the following article for additional information on 1099 Employee Reporting Requirements