Yes, it will reflect on your vendor's 1099, info. I can provide more detailed information about this process.
Changes to an expense transaction's payee will automatically update corresponding tax reporting, provided all expense categories are accurately mapped. It's important to note that 1099 reporting relies on the most current vendor information in your accounting system.
I'll be sharing a selection of informative articles to help you better understand 1099 management and reporting requirements and how you can wrap up this year’s payroll and prepare for the next:
For further 1099 or payroll inquiries, feel free to respond to this post by commenting below. I'm committed to providing timely and thorough support.