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Ask A Guru

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Vendors and 1099's

Maurice Shallow

Hello!

This is my first year doing 1099's and I'm lost. Sorry for silly questions.

We did set up 1099 vendors in NetSuite.

Also, we started with NetSuite 7/1/2020, so have a bit of an issue there. I can always manually update YTD payments to vendors prior to importing into third party software.

I was told that NetSuite does not do vendor 1099's and I would need to use a third party. I found a company called Yearli and noticed that they have a SuiteApp.

Any other suggestions?

Thank you,

Maurice

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