1099 report is used to identify which vendors need to complete a 1099 form for tax filing.
CosmoLex does not generate 1099 tax forms, however, you can add a flag to those vendors who qualify and print a report identifying which vendors require a 1099 form.
Tagging a Payee as 1099 Eligible
Go to Contact > Payee. Here is a listing of all saved Payees.
On the far right, there is a "1009 eligible" column.
To mark a matter as 1099s eligible:
- Select the Payee from this list
- Click Edit
- Check the "1099 eligible" box and save
From there, you can then generate a Payee/Payor list which will let you know who is eligible.