Step_3._Review_1099_Reconciliation_Report

Step 3. Review 1099 Reconciliation Report (2024)

 

Compare balances on the 1099 Reconciliation Report - All 1099 Vendors to the balances on the 1099 Reconciliation Report - All 1099 Invoices. Both reports should have the same total. If the reports do not balance, look for a check or invoice that needs to be corrected. 


Webinar: Adjust 1099 balances and fix vendor information



 
 

For each 1099 vendor 

  1. Use the 1099 Reconciliation Report for all vendors and the 1099 Reconciliation Report for all 1099 invoices to complete Steps 3a and 3b. [Step 3a] [Step 3b]
  2. When you have checked 1099 IDs, types, and amounts for every 1099 vendor, continue to Step 4. Print Final Copy of 1099 Reconciliation Report. [Step 4]




    • Related Articles

    • Step 4. Print final copy of 1099 Reconciliation Report (2024)

      If you made any changes to the 1099 vendor information, you'll need to reprint the 1099 Reconciliation Report - All 1099 Vendors and the 1099 Reconciliation Report - All 1099 Invoices. The grand total on the 1099 Reconciliation Report - All Vendors ...

    • Step 2. Print 1099 Reconciliation Reports (2024)

      Use the 1099 Reconciliation Report to print invoice and check information for 1099 type vendors and to verify 1099 totals. You need to make sure all 1099 vendors appear on the report and all 1099 invoices are correct. In step 3, you will reconcile ...

    • Step 0. Before you get started (2025)

      Before you begin the Accounts Payable Year-end Checklist, you’ll need to perform these tasks. You should complete these steps in the order listed below. You will be converting, reviewing, and correcting 1099 vendor information to prepare it to print ...

    • Accounts Payable Year-end Checklist Quick Start

      This section is for those of you who have completed the year-end steps checklist before or for those of you who want a really short summary of the steps that you're about to complete. If you open the PDF on your computer, you'll find a short ...

    • Step 9b. Run Checkout 1099 Recipients (2024)

      Search for errors in the 1099 Recipients table to verify invoice and check transactions have been posted to the General Ledger application. Webinar: Checkout 1099 Recipients Do this... 1. Open Connect Accounts Payable > Government Reporting > ...