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Microsoft Dynamics GP (Archived)

"1099-ish" Vendor

Posted on by Microsoft Employee

Hello:

Let's say that you have a vendor set up in GP as a 1099 vendor.

What is the best way to record an out of pocket expense for this 1099 vendor, without it hitting his 1099 totals for the year?

Would it be to simply ensure that $0.00 is entered in Payables Transaction Entry for the "1099 Amount" field and edit the "1099 Amount" field in the Vendor Period Summary window if necessary?

Thanks!

John

*This post is locked for comments

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: "1099-ish" Vendor

    Thank you, Mariano, for your quick reply and excellent service!

    John

  • Verified answer
    Mariano Gomez Profile Picture
    Mariano Gomez 26,225 on at
    RE: "1099-ish" Vendor

    That is correct. Just ensure the 1099 amount field is $0.00 in the PM Transaction Entry window. No need to edit the summary if you record it as 0.00 to begin with.

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