Single Project: If you are generating the CSV file for a single project, access the reports from the Reports icon on the home page.
Cross-Projects If you are generating the CSV file for multiple projects under the same company, access the reports by clicking COMPANY REPORTS from the Multi-Project drop down menu.
Step 1: Click the Reports icon on the homepage then select Check Reports and select Vendor Check Register. Click RUN.
Print a Vendor Check Register from the Checks Reports Menu for the applicable 1099 year date range. Not Effective Date
Step 2: Click the Reports icon on the homepage then select 1099 Reports and select 1099 Transactions Edit List by All Accounts. Click RUN.
Print a 1099 Transactions Edit List by All Accounts from the 1099 Reports Menu for the applicable 1099 year date range. Not Effective Date
Step 3: Review the Vendor Check Register for total payments in excess of $600.00 to an individual vendor.
Step 4: Any vendors with payments of $600.00 or more should have their corporate status verified and a W-9 form on file.
Step 5: Verify that the 1099 Edit List report includes all vendors with payments of more than $600.00 and that they have complete and accurate Name, Address and Fed ID# information filled in.
Step 6: If eligible payments are not found in the 1099 Edit List they will need to be updated with an appropriate 1099 code. Go to the invoice transaction and modify the 1099 code to update the report.
Step 7: Once all vendors and transactions have been verified and coded properly, create a CSV file through the Reports Menu under 1099 Reports - 1099 Final Run (Create CSV File) All Accounts. Enter the applicable 1099 year date range. Not Effective Date
Step 8: Save the CSV file to your local hard drive.
If you would like GreenSlate to print and send out your 1099s, forward the CSV file via email to email@example.com. Please include the contact name and address you would like printed on the 1099s.
If you would like to print your 1099s yourself, contact support and we will be happy to get you set up on the application and provide further instructions.