cancel
Showing results for 
Search instead for 
Did you mean: 
sfvaughan
Level 4

Define "All Allowed Accounts" (1099 Detail Report)

What exactly is included when you chose "All Allowed Accounts", as opposed to the default option, "Only 1099 Accounts" in the 1099 Detail Report? I assume if it meant all GL accounts were going to be included in the report, the option would read "All Accounts". So what is the determining factor in whether or not an account is "allowed" please?
6 Comments 6
katherinejoyceO
QuickBooks Team

Define "All Allowed Accounts" (1099 Detail Report)

Thanks for posting your question here in the Community, @sfvaughan.

 

To give you insights, the All Allowed Accounts in a 1099 Detail report or any other report refers to the income and/or expense account numbers. 

 

Quickbooks is a double-entry accounting system. It will create a transaction to the appropriate bank account (cash) and a transaction to an income or expense account that you specified. 

 

Hence, QB will display both the cash side of each transaction including the income or expense side. 

 

For future reference, read through this article: Customize reports in QuickBooks Desktop. It helps you learn about using the filter to limit report data and will only show the ones that are relevant to you. 

 

Feel free to message again if you have additional questions. We're happy to answer your concerns. 

 

 

 

BigRedConsulting
Community Champion

Define "All Allowed Accounts" (1099 Detail Report)

All allowed accounts is the same as all the accounts you can see when you map accounts.  It, for example, will exclude accounts that make no sense to map, like your AR or AP accounts.

sfvaughan
Level 4

Define "All Allowed Accounts" (1099 Detail Report)

"...the All Allowed Accounts in a 1099 Detail report or any other report refers to the income and/or expense account numbers." So "All Allowed Accounts" ONLY includes Income or Expense accounts? Not Cost of Goods? Or Assets? Or Other Expense? I do not believe that is correct.
sfvaughan
Level 4

Define "All Allowed Accounts" (1099 Detail Report)

Thanks BigRed. Just for my complete understanding, do you have a list of what (GL) account types specifically will or will not be included in "All Allowable Accounts"?
BigRedConsulting
Community Champion

Define "All Allowed Accounts" (1099 Detail Report)

I'm not totally sure.

 

But one way to figure out which of your accounts fall into the filter is to create two trial balance reports from the Reports | Accountant & Taxes menu and then Customize and Filter one of them for Account = Allowed for 1099s.  The accounts that disappear are not allowed.

 

I did this and I noticed that bank and credit card and A/R and A/P accounts, at least, disappear.

sfvaughan
Level 4

Define "All Allowed Accounts" (1099 Detail Report)

Thanks. I was hoping to get a definitive answer from QB, but if that doesn't happen I'll try this. Appreciate the help.

Need to get in touch?

Contact us