1099 Categories ⛭
Last updated
Last updated
If you are a Customer in the US, salesorder.com is set up with a pre-defined list of 1099 Categories associated with the 1009 tax form. However, should you wish to add, remove or edit the existing list of Categories salesorder.com allows you to do this under the Supplier Configuration Documents.
To add, remove or edit 1099 Categories follow these steps:
From The Explorer go to Setup > Configuration.
From the Configuration screen under Purchasing, click 'Supplier' this displays the Supplier configuration screen.
From the Action bar click 'Manage 1099 Categories' this displays the 1099 Categories page shown below.
From this page, you can view, edit, delete or create new 1099 Categories as required.
The 1099 Category simply represents the 1099 Category found on the 1099 tax form. The Category Document is shown below:
Note: The Threshold relates to the amount paid to a Supplier; if the amount is greater than the specified Threshold the associated Supplier will be included in the 1099 Tax Report.