I'm preparing to e-file 1099 using QB online and having a problem correcting the amount of 1099 for one vendor. One payment was recorded as a debit of AP, and the accounts payable is not in the option of mapping dropdown to include what account should be in the 1099 amount. I recorded this expense in December 2020 since it was the expense should be in 2020 but we haven't paid yet so entered it as AP. Then the amount was paid in Jan 2021 so it must be included in the 1099 amount for 2021. However, QB is not allowing me to include this amount since AP doesn't show up as a mapping option as I mentioned...
Is there any way to override the amount on 1099?
The vendor is a law office and the difference amount is rather large.
The transactions that were recorded in QB are the following.
These transactions are recorded using manual Journal entries.
In Dec 2020 (To include the unpaid expense in 2020 that should be recorded as Dec 2020 expense)
Dr. Professional service fee $20,000
Cr. Accounts Payable $20,000
In Jan 2021 (To record an actual payment to this vendor)
Dr. Accounts Payable $20,000
Cr. Cash $20,000
So the actual payment is made in Jan 2021, since the expense is recorded in Dec 2020 I cannot include this amount in 1099. (This amount was not included in 1099 last year either)
Is there any way I can correct this problem? If I can't figure out via Quickbooks online, I'm considering using the Standalone Intuit 1099 E-file service but I'm not sure if it is possible when I already use QB Online for bookkeeping.