Reimbursement account for business partner & for 1099 individuals

Hi there, @pallc.

It will depend on how you'll want to record the reimbursement account and how you wish to track the transaction between the partner.

For 1099, you'll want to make sure that there are expenses generated to the contractor under their name so that the 1099 wizard can recognize those expenses.

I'd also recommend consulting an accountant for professional advice to keep your books accurate.

Here's how to create an account:

1. Go to the Lists menu, then select Chart of Accounts.
2. From the Account ▼dropdown, select New.
3. Select an account type, then select Continue.
4. Complete the account details.
5. Select Save & Close.

You can spot this article to look for other insights on how to create and modify accounts in the chart of accounts: Add, edit, or delete accounts in QuickBooks Desktop.

You can check this resource to help you prepare and pull up the correct 1099 reports in QuickBooks in the future: Create and file 1099s with QuickBooks Desktop.

Let me know if you have other concerns with creating expense accounts and 1099s. I'm always ready to help. Have a safe day ahead.