A: Vendors reflecting in 1099 detailed report shows total expenses billed to vendor. Here conditions for meeting threshold do not apply. Check to make sure the vendors are active. Check to make sure the chart of accounts are mapped correctly. Check to make sure the vendors are identified as 1099 eligible vendors.
- To check whether vendor has met all threshold limits, we should pull 1099 summary report specifying the year related to those vendors. Check in report whether vendor is showing or not.
If 1099 detailed report pulled it will show as below:-
1099 Summary report pulled will show as below:-