TRAVERSE Global v11.1
1099 Field Indicators
The 1099 field indicators correspond to the box numbers on the 1099-MISC form in which the year-to-date payment amount is printed. The indicators are predefined, but you can use the 1099 Field Indicators function to edit descriptions.
Use the 1099 Processing function to output your 1099 information to forms, worksheets, or magnetic media.
1099 Field Indicators screen
Edit a 1099 Field Indicator
- Edit the Description and Limit fields adjacent to the 1099 Indicator ID, as necessary.
- Click the Save button, on the toolbar, to save any changes made to the 1099 field indicator.
NOTE: There is no need to edit the 1099 Limit amounts. Open Systems will supply any limit amount changes in the annual year end updates. If editing the Limit amounts is necessary, refer to the appropriate year's instruction booklet for the 1099-MISC forms issued by the Internal Revenue Service.
Produce a 1099 Field Indicators List
- Select the print preview button (
) to preview the list of batches. - The preview report screen appears.
- Select the print button (
) in the toolbar to print your list.
