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bluecadillac
Level 1

Record Vendor Bill as Paid

Good day all,

 

So I paid my contractor directly for first job and then every job afterwards bill was entered and payed through direct deposit in Quickbooks. Is there a way put that first job in Quickbooks and mark it as paid so that I have record of it when I do 1099?

 

Thank you for any help and guidance.

Solved
Best answer February 11, 2020

Best Answers
JamesDuanT
Moderator

Record Vendor Bill as Paid

Thanks for clarifying the details of your concern, bluecadillac.

 

We can directly create a check instead of a bill. This has the same effect as a paid bill. We just need to make sure that the details are correct.

  1. Click Banking at the top menu and select Write Checks.
  2. Enter the BANK ACCOUNT and the correct Date.
  3. Select the correct vendor in the Payee field.
  4. Enter the affected accounts or items.
  5. Enter the amounts and click Save & Close.

You can also review this article to know more about checks: Create, modify, and print checks.

 

Then, you can visit the article provided by Mark_R for the additional details about the 1099s.

 

Anyway, you can always get back to us if you have additional questions about this. Have a great day!

View solution in original post

4 Comments
Mark_R
QuickBooks Team

Record Vendor Bill as Paid

Hi there, @bluecadillac.

 

You can set up your contractors as vendors, then create a bill transaction and pay it to mark it as paid. This way, you can track your payments for 1099s in QuickBooks. Let me guide you through the process.

 

To get started, you'll have turned on the 1099-MISC feature and set up your contractor as a vendor first. Once done, let's create a bill for your contractor and pay it. Here's how:

 

  1. Go to the Vendors menu, then select Enter Bills.
  2. Select your contractor from the Vendor drop-down.
  3. Enter the necessary information, then click the Save option.
  4. In the same window, click Pay Bills.
  5. Click Pay Selected Bills in the Pay Bills window.

Here are some articles you can read for more details:

 

You can also read these articles to know how to set up and prepare 1099 with QuickBooks Desktop:

 

Keep in touch if you need further assistance with this, or if there's anything else I can do for you. I've got your back. Have a good day.

bluecadillac
Level 1

Record Vendor Bill as Paid

Thank you for quick reply. This is not for a new bill but for one already paid but not recorded through QB.  Is there a way?

JamesDuanT
Moderator

Record Vendor Bill as Paid

Thanks for clarifying the details of your concern, bluecadillac.

 

We can directly create a check instead of a bill. This has the same effect as a paid bill. We just need to make sure that the details are correct.

  1. Click Banking at the top menu and select Write Checks.
  2. Enter the BANK ACCOUNT and the correct Date.
  3. Select the correct vendor in the Payee field.
  4. Enter the affected accounts or items.
  5. Enter the amounts and click Save & Close.

You can also review this article to know more about checks: Create, modify, and print checks.

 

Then, you can visit the article provided by Mark_R for the additional details about the 1099s.

 

Anyway, you can always get back to us if you have additional questions about this. Have a great day!

View solution in original post

bluecadillac
Level 1

Record Vendor Bill as Paid

Thank you. This worked. I just had to change it from direct deposit to check and it worked like a charm.

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