Thursday, January 17, 2019

Associate Partner and Vendor Records for 1099 Contractors

Form 1099-MISC (Miscellaneous Income statement) is required for each contractor or non-employee that user pays more than $600 for services during the calendar year.  A Partner record can be setup to be 1099 eligible.


1. Navigate to Lists > Relationships > Partners

2. Click Edit next to the partner that is 1099 eligible

3. On the Relationships subtab > Other Relationships, click the plus sign

4. Select Vendor

5. Hit the Save button. Notice that a Vendor record linked to the Partner will be created


6. On the Vendor record, select 1099 contractor next to Category field

7. Click the Financial subtab

8. Mark the 1099 Eligible checkbox

9. Hit the Save button


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