Details Tab

You see the following fields in the Details tab of the Vendor Maintenance dialog box:

Tax ID: Enter the vendor's tax identification number, if known. If you have Accounts Payable installed, this number is printed on 1099s for this vendor.
There are two acceptable formats for the tax ID:

Employer Identification Number (EIN): 99-9999999
Social Security Number (SSN): 999-99-9999

If you are entering an EIN, be sure to leave a space at the end of the entry area.

1099 Type: Indicate the type of 1099 form this vendor should receive.

Enter

I for Form 1099-INT (Interest).
M for Form 1099-MISC (Miscellaneous).
(blank) if this is not a 1099 vendor.

You can enter only one type for each vendor. If you need to process more than one type of 1099 payments to a single vendor, you must create a vendor record for each 1099 type. For example, vendor record ABC1 could be for interest 1099s (type "I"), and ABC2 could be for miscellaneous 1099s (type "M").

If you entered "M" for the 1099 type, select one of the following:

Select

1a for rents
1b for direct sales
2 for royalties
3 for prizes
5 for fishing boat proceeds
6 for medical and health care payments
7a for non-employee compensation
7b for crop insurance proceeds
8 for substitute payments in lieu of dividends or interest
9 for excess golden parachute payments

Vendor Type: Enter a code as many as eight characters long to group vendors in a way that is meaningful to you. You can sort the Vendor File Report by Vendor Type.
***If this vendor is a board vendor, you must enter BOARD in this field for the vendor to show up in the Board Cost Tables.

Misc Code: Enter a two-character code to group vendors. Vendor listing reports can be grouped by Vendor Miscellaneous Code.

Comment: Enter any especially important notes about this vendor. This information does not appear on any reports; however, you see it when you look at the vendor record. You can enter comments of any length.