First and foremost, congratulations on deciding to use QuickBooks for your company's bookkeeping needs. I hope you find your time with us productive and enlightening. That said, I'd like to add to Rustler's answer and help you process the Form 1099-MISC in time.
The most likely reason why it's not reflecting on the form is due to the mapping. We need to make sure the account you've used on the expense is mapped correctly so that it'll show on the report. To learn more about this, you can check out our Form 1099-MISC overview.
That said, let me guide you through the steps on how to prepare the form with the proper mapping:
Click Workers in the left navigation menu.
Go to the Contractors tab.
Select Prepare 1099s, then Continue your 1099s.
Check your company details. Any changes you make will be saved to the Company Settings. Select the edit (pencil) icon to update the information. Save the changes, then select Next to proceed.
Select the Boxfor the type of payment you made. Then, from the drop-down menu, choose the correct expense account. Check out the screenshot below to see how it works.
Click Next to continue.
Review your contractor's info, then hit Next.
In the Review stage, check if you can see your contractor. This stage will show you if your contractor has met the threshold, which is usually $600.
If you don't, then that means your contractor, you can click Save and finish later. If you do, then select Finish preparing 1099s.
In the last stage, choose E-file for me, if you want us to file the form for you. If you want to print and mail them, select I'll file myself.
That should do it. With these resources, I'm confident you'll be to take care of the Form 1099-MISC like a pro in no time!
The Community is full of experts possessing knowledge in all facets of QuickBooks, so please reach out to us here if there's anything you need. We're always happy to help you along your road to victory. Wishing you and your business continued success.
You skipped the fact that First, you drew Cash. Then, you spent it. do not Skip steps.
"how can I use ATM withdraw transactions"
Transfer from Checking to a Bank account in your file you named for Cash on Hand or Petty cash. ATM is the method of moving the funds. Don't confuse that with Spending. You did not yet Spend it.
Now you have it as Cash,
Now you are ready to track the use of Cash. Enter the Expense transaction from the Cash On Hand Bank, not Checking. This is Cash, and cash is Real Money, so we track it, as No Longer in Checking. Then we track the Spending of it.
The check expense is where you list that payee and what got paid for. The same is if that is From Checking, but it is not From Checking. It is From Cash Bank.