Year-end is nearing – now is a perfect time to review your vendor information for 1099 preparation.  Maintaining updated information helps with stress free form preparation in January.  This can be accomplished in the Vendor Center in QuickBooks.

QuickBooks Desktop
QuickBooks Online

 

Mapping the expense accounts eligible for 1099 usage and preparation of 1099s can be completed in the Preferences area in QuickBooks Desktop and the Expenses/Vendors area in QuickBooks Online.

QuickBooks Desktop

 

QuickBooks Online