Maintain the codes and descriptions used to classify Checkbook payees. The payee's type is used by the 1099 output options to select recipients and, for miscellaneous forms, determine the amount's box.
Using this option
- Choose Payees > Payee Type to open the type list.
- Add a type or select an existing type to edit. Enter the numeric Type and a clear Description, then save.
- Assign the appropriate type in each Payee record. Review the selected type and output when preparing 1099 forms.
Fields and options
| Field | Meaning |
|---|---|
| Type | A numeric code of up to two digits. |
| Description | Up to 25 characters describing the classification. |
Notes
Editing a type description does not change payee payment history. Changing how codes are used can affect which payees and boxes appear on output; check existing payee assignments before repurposing a code.
Do not assume the type code has the same effect in every 1099 format. Review the help for the specific printing option.