ATM draws: Cash payment to 1099 vendor
You need to establish a Cash “bank” account in your file.
Then, the Check is posted not to an expense account, but to Cash bank, like a Transfer.
Then, you enter Expense transactions From the Cash account, so that you have individual transactions for each vendor name.
The same situation exists for ATM […]
Resolution for 'ATM draws issue: 'Cash payment to 1099 vendor' available: Yes.
The ATM draws 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 ATM draws issue yourself by looking for a resolution described in the article. If it is a complex ATM draws issue or you are unable to solve the issue, you may contact us by clicking here or by using other ATM draws support options.
For more information about resolving issues related to ATM draws in Quickbooks/QBO or to get support for the issue 'Cash payment to 1099 vendor', click the link below: