Our vendor 1099 amounts is not picking up the entire payment for an invoice, just the subtotal amount on the invoice entry screen. It is excluding the miscellaneous, freight, and taxes. How do we make a change so that the entire payment is 1099 reportable? Is there a setup change or an GP update to resolve this issue.
Example:
Vendor ABC invoices us for $106. A $100 is applied to the purchase order line and $6 is entered on the tax line below the subtotal. Our current GP setup only shows the $100 as 1099 reportable however’ the $106 is the correct 1099 reportable amount.