When entering transactions for a 1099 vendor in Payables Transaction Entry, an expansion window is available to change the Tax Type and 1099 Box Number.  This information is tied to the transaction, so when the invoice is paid, the appropriate 1099 box is updated for tracking purposes.

The expansion window is unavailable if the transaction entered is a return or credit memo. Users will not be able to specify 1099 box numbers on a credit document. If a credit memo or return has a 1099 amount and is applied to a debit document with a 1099 amount the tax type and 1099 box field specified on the debit document determines which 1099 box amount is updated in the 1099 Details window.

 

If a credit memo or return has a 1099 amount and it is applied to a debit document that does not have a 1099 amount, then the tax type and 1099 box specified on the vendor record determines which 1099 box amount field is reduced in the 1099 Details window.