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GP 2010 - 1099 amount in error

Posted on 2014-01-01
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Last Modified: 2014-01-05
We have a vendor that is not a 1099 vendor; however, the AP employee input the amount as a 1099 amount when they were entering the transaction. How do we correct this?
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Question by:pstre
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5 Comments
 
LVL 18

Expert Comment

by:Victoria Yudin
ID: 39749765
You can use the Update 1099 Information Utility to fix this:

Under Update choose Vendor and 1099 transactions
Under From choose the Tax Type (typically Miscellaneous) and Box Number (typically 7) the transaction was coded to
Under To choose Not a 1099 Vendor for Tax Type
Select the Vendor ID in the From and To and insert the range
If you need to narrow it down further you can also add a Document Date range
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Author Comment

by:pstre
ID: 39749894
They are not set up as a 1099 vendor (it is already set up as Not a 1099 Vendor) but there is a 1099 amount.  How do we get the 1099 amount out?
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LVL 18

Expert Comment

by:Victoria Yudin
ID: 39749898
Have you tried the steps I outlined above?  :-)
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Author Comment

by:pstre
ID: 39755317
Under utilities, there is not an option for "not a 1099 vendor." for the tax type.  All I see listed is dividend, interest, and miscellaneous
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LVL 18

Accepted Solution

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Victoria Yudin earned 2000 total points
ID: 39755728
Sorry about that, I was looking in GP 2013...I didn't realize they added that. In prior versions, you would need to make the vendor a 1099 vendor again, then clear out the amount by going to Cards | Purchasing | 1099 Details, finding the amount(s) for each month and zeroing them out. (It has to be done on the monthly/period view, the yearly one is not editable). Once done, change the vendor back to Not a 1099 Vendor.
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