QB Issue Resolution:

You can create a partial payment¬†transaction coming from your “Cash” and the remaining balance from your “Common stock”. This way, it’ll zero out your register. I’ve attached a screenshot for a reference.

Here’s the link for more detailed information on how to set up vendors for 1099:¬†http://payroll.intuit.com/support/kb/1002305.html

Reach out to me if you have any questions. Thank you.

received_payments.jpg

Resolution for Issue 'Paying a vendor invoice in both cash and common stock. How do I record so the vendor gets a 1099 for the total invoice amount and the A/P balance is reduced to zero?' available: Yes (Solved).
Source: Intuit Community forum.

Paying a vendor invoice in both cash and common stock. How do I record so the vendor gets a 1099 for the total invoice amount and the A/P balance is reduced to zero?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for Cash
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