Did you know you can use the Import feature to upload prior vendor balances for 1099 reporting purposes? This makes it easy to bring on new Associations and eliminates the need for two different 1099’s to be sent out.
Step 1. Navigate to Administration > Import Data
Step 2. Select Additional 1099 Amount from the Choose Entity drop down menu.
Step 3. Click the Download Template hyperlink. This step will download a blank template with all available fields.
Step 4. Add data to your spreadsheet.
NOTE- Headers bolded in blue are required fields
NOTE- The 1099 CategoryCode is the first three letters of the tax reporting category. This information can be reviewed by navigating to Accounting > Financial > Association GL, and right clicking the GL Account.
Step 5. Click the Add Import button on the right hand side to open the Import Data window.
Step 6. Copy your data, including the Headers, and paste into the Import from Excel window.
Step 7. Click the Save button.
