Process
Use these processing options to specify the reporting year and to specify whether to include gross or net amounts for discounts on the report.
- 1. 1099 Reporting Year
Specify the four-digit 1099 reporting year. Only the 1099-eligible journal entries for documents paid within the specified year are reported.
- 2. Discount Handling Method
Specify the method that you want the system to use to handle a discount. You can indicate that you want to report the gross amount or that you want to reduce a document's first 1099 amount by the total discount taken, leaving a net amount. Values are:
Blank: Report gross amount.
1: Report net amount.