Form 1099 Processing Form

Use the Form 1099 Processing form to enter the data from which to generate a Form 1099 for a vendor.

Location

To display the form, complete the following step:

From the Vision Navigation menu, click Accounting > Accounts Payable > Form 1099 Processing.

Contents

Toolbar Options

Field	Description
Generate Work File	Click this option to generate the work file.
Edit	Click this option to edit the 1099 data.
Electronic Filing	Click this option and select 1099 to create a file of 1099 data to submit electronically.
State IDs	Click this option to open the State IDs dialog box, and enter IDs for the states for which 1099 forms will be processed.
Verify Payments	Click this option to open the Form 1099 Verification dialog box, and preview or print the Form 1099 Verification report. This report helps you verify whether the amounts for the 1099s are correct before you print the 1099 forms. You usually run this report after you generate the 1099 work file and before you print the 1099 forms for vendors. The Form 1099 Verification report displays the Paid Last Year amount from the Vendor Info Center, which is what prints on the 1099 forms, and the Total Payments Processed amount (posted vendor payments) for a vendor in a given calendar year. The report identifies any differences between two amounts, which you can resolve before printing the 1099 forms. Use the Vendor Ledger report to review and confirm the posted payments for a vendor.
Print	Click this option and then print the 1099 form or preview it onscreen. If your firm uses the Deltek First Vision Essentials cloud version of Vision, the Print option is not available. You can preview reports onscreen and then print the reports from the Preview window.

Fields and Options

Field	Description
Processing 1099 year	Enter the processing year for which to generate the 1099. This field usually displays the current accounting year. To specify a prior accounting year, select it from the drop-down list.
PAYER's Federal identification number	Enter your firm’s Federal tax identification number. The Federal government gives this number to your company. If you do not know what this number is for your company, contact the Internal Revenue Service.
PAYER's name	This field displays your firm's name, from the General tab in Configuration > General > System Settings.
PAYER's address and telephone no.	Enter the address to display for your firm on the 1099: Company — Enter the Company name if Check Payee was selected in Accounting Configuration. Address lines — Use the two Address lines to enter address information. City/State/ZIP — Enter your city, state, and ZIP code. Telephone No. — Enter the telephone number of the person at your firm whom your vendors can call about their 1099s.
Minimum RECIPIENT Payments	Enter the minimum amount paid to a vendor to make it necessary to send the vendor a 1099.