The Electronic File 1099 Report lets you report your 1099s to the IRS through an electronic file. The electronic 1099s do not need to be printed before you perform year-end closing in Accounts Payable.

To print this report, select Reporting > Electronic 1099 Report from the left navigation pane. In the AP Electronic File 1099 Processing window, enter your criteria and click OK.

If you reset vendor totals before you generated 1099s for the year, you can activate the Use Last Year 1099 Amount check box to use the information from the previous year stored in the Master Vendor file. You can see which year is the current year by selecting Options > Set Up the Module Preferences. The year in the Current Year End box is the current year.