1099 Line Items with Sage Intacct
To make a general ledger (G/L) account a 1099 account, you need to select a 1099 form type and a 1099 category on that account in Cashflow360. While this 1099 category for the account won't sync to Sage Intacct, the 1099 value at the line item level of a bill will carry over into Sage Intacct if:
- The vendor the bill is for has been set as a 1099 vendor
- The bill for the 1099 vendor is coded to a G/L account that has a 1099 category selected for it in Cashflow360.
To set the 1099 category on a chart of account:
- Select Settings
- Select Classifications under Accounting
- Select Chart of Accounts
- Select the account name
- Select edit
- Select the 1099 form type
- Set the 1099 category
- Select Save
- Sync again
Things to know
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If the vendor is a 1099 vendor and the G/L account used on the bill doesn't have a 1099 category set, based on your AP configuration for 1099 in Sage Intacct, it will:
- Enable 1099 flag override is set to true: sync over without the 1099 flag flipped
- Enable 1099 flag override is set to false: produce a sync error stating a 1099 value for the G/L is required
Changes made to G/L accounts don't sync retroactively. If a 1099 category is selected for the G/L after a bill has already synced, then the 1099 status won't sync for that bill and the bill will need to be manually updated in Intacct.
Resources
ACCOUNT SETUP View all