it is cash, use expense, select the bank or cash type account it came from as the pay from account
I have selected the subcontractor as the payee on the transactions but its not reflecting when I go to process the 1099.
We just started quickbooks and I'm learning, but I'm feeling the time crunch for getting this 1099 out for sure.
I've got your back, mncroofing.
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:
All of this information and more is available in our detailed guide on how to prepare and file 1099s.
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.
Please Learn from the input here.
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.
as form of payment to process a 1099??