AP 1099 Report
Last updated
Last updated
The AP1099 report presents a comprehensive overview of payments made to independent contractors who are not permanent employees. It includes essential details such as vendor names, payment amounts, payment dates, and other relevant information necessary for 1099 reporting. By accessing this report, businesses can identify payments made to independent contractors that require the issuance of a Form 1099, streamlining their tax reporting processes.
This report recognizes the importance of compliance with tax regulations and the accurate reporting of payments made to independent contractors. By analyzing the data presented in the AP1099 report, businesses can ensure they meet their tax obligations and avoid penalties associated with non-compliance.
Step 1: Filtering options to customize the report's parameters.
Company Code From: Enter the starting company code.
GL Date: Specify the date for the General Ledger transactions.
Vendor Name From: Enter and select the starting name of the vendor for filtering the report data.
Vendor Number From: Enter the starting vendor number for filtering the report data.
Report Format: Choose between PDF or Excel format for the report output.
Step 2: Click the "Run Report" button
Locate the "Run Report" button and click on it.
This triggers the system to process and generate the report based on the provided criteria.
Step 3: Wait for the report to generate
Depending on the volume of data and complexity of the report, it may take some time for the system to process and generate the report.
Please be patient while the system completes this task.
Step 4: Review the report
Once the report is generated, it will be displayed on the screen.
Carefully review the report, focusing on the information about the number of each column and rows.
Step 5: Save or export the report
If needed, save or export the report for future reference or to share it with others within your organization.
This ensures that you retain the data and can access it whenever necessary.
By following these steps, you can generate the Report and leverage its insights to make informed decisions regarding 1099 GL type report.
