1099 Misc

Caren Johnson

When running the 1099 Activity report the total for Non employee compensation for the year 2020 is incorrect. Is anyone else having this issue?

Carrie Klingenberg

The issue could be that your
report is pulling vendors that have 1099 activity but arent checked
as being 1099 vendors.

Compare to see where you are
off and see if thats the issue.

Carrie Klingenberg

Controller

St. Andrew's Episcopal School

8804 Postoak
Road, Potomac, MD 20854

Phone
240.477.1708 | Fax 301.983.4620

Caren Johnson

Thank you Carrie, but I pulled the vendors and they are marked as 1099 and have been for several years. It is just pulling some of the activity for these vendors and I am not sure what is going on. I also double checked to make sure I selected the entire calendar year (last calendar year) and I did.

Carrie Klingenberg

OK

Are you looking at the
vendor activity report or the 1099 Activity report?

The 1099 Activity rapport
should match.

Make sure Vendors with less
than $600 aren't pulling on the 1099 Report.

Carrie Klingenberg

Controller

St. Andrew's Episcopal School

8804 Postoak
Road, Potomac, MD 20854

Phone
240.477.1708 | Fax 301.983.4620

Caren Johnson

Hi Carrie,


I pulled the 1099 Activity report and noticed that the total is extremely understated for a vendor we pay monthly. I then looked at the vendor activity for the year and realized that not all of the activity is being pulled on the 1099 activity report. This vendor has been marked as a 1099 vendor for years and has not changed. All activity should be included. I also spot checked a few others and the same is happening for them. I am using database, but this should not be a problem.


Thanks,

Caren

Mary Lou Nicholson

Double check individual invoices. Make sure that the 1099 box didn't get unchecked somehow.

Carrie Klingenberg

For the vendor, go into one
of the invoices on the Vendor.When the invoice is open, check the
1099 distribution box on the right and make sure the invoice was
captured as 1099 activity?

If not, You'll have to make
a manual 1099 adjustment for those invoices.

Carrie Klingenberg

Controller

St. Andrew's Episcopal School

8804 Postoak
Road, Potomac, MD 20854

Phone
240.477.1708 | Fax 301.983.4620

Caren Johnson

So unfortunately this seems to be the case. Do you happen to know how this happens?

Carrie Klingenberg

Someone manually unchecks
it.That's the only way

Carrie Klingenberg

Controller

St. Andrew's Episcopal School

8804 Postoak
Road, Potomac, MD 20854

Phone
240.477.1708 | Fax 301.983.4620