1099 CATEGORY
HOW DO I ENTER A NEW 1099 ACCOUNT
HOW DO I ENTER A NEW 1099 ACCOUNT
PGood Morning 44606,
If you wish to enter an new expense account for you to use on transactions with your 1099 vendors you will find the answer in the QuickBooks Preferences. You must be the Admin of your QuickBooks file to change Preferences and in single user mode. Go to the top or your QuickBooks where the gray menu bar is and choose the "Edit" menu and go to the very bottom and choose "Preferences" This will open the QuickBooks Preferences, In the Preferences window choose the Tax: 1099 Preference and go to the Company Tab. Once you have turned on 1099 Misc forms you go to the line Box 7: non employee compensation and in the window that pops open choose Multiple accounts. This pops open a third window where you can choose as many accounts as you wish. If by chance you ment how do you make an additional vendor eligable for 1099 this is done in the edit vendor information window by entering a check box and entering their EIN or SS number.
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