Please add a "Not 1099 vendor" option under 1099 Vendor Type. Since the default is None, there is no way to cross-check and verify the vendor's W-9 has been received and confirmed.
by: Christie D. | over a year ago | General Enhancements
Completed
Vendor Maintenance - 1099 - Add "Not 1099 vendor" option
by: Christie D. | over a year ago | General Enhancements
Comments
Hi Christie
We had this same issue. So i made a UDF in vendor maintenance called 1099 Verified? with a dropdown of yes, no, and N/A. N/A meaning not 1099 vendor. so we can cross check if it was verified. I also made it a required field so when we set up new vendors they put NO if it isnt verified yet.
Justin
We did the same thing with the UDF
That can work BUT I'd like to store the EIN for a non-1099 vendor in Sage too... Adding "Non-1099 Vendor" as an option would allow me to store the EIN data where it makes sense.
yes, please have the distinction. With employee turnover, it would help to know and check records without having to completely check each vendor.
This will be available in the 2024 Release, scheduled for April 2024.
I agree with Julie B. I also would like to store the EIN for Non-1099 vendor, and any additional dba info that you have entered. It also will save time if you change the vendor type to None in error, then you have to hunt up the w9 and renter the info.
This feature has been added in the 2024 Release, available on April 18/24.