As part of the 1099 process, you must review address book records for your suppliers and companies to ensure that you have the necessary information and that your information meets IRS requirements. If supplier or company information is incorrect, the IRS might reject the returns and impose fines for each incorrect 1099.

This section contains the following topics:

• Understanding Supplier Setup Requirements

• Setting Up Suppliers

• Setting Up Companies

• Combining 1099 Information Among Suppliers and Companies

• Reviewing W-9 Reports