booking jobs: Can I map an income acct and expense acct to calculate 1099? We have contractors that charge them a fee for booking jobs. We want them to get the 1099 w/out our fee.
Not the way it is done
You report the full amount paid to the contractor, then you reduce that amount by the fee, when you pay the contractor, ie
non-employee compensation expense, $15,000.00
fee income, -$1,500.00
(fee income is a negative number) and the check will net to $13,500.00
The contractor is in business, and […]
Resolution for 'booking jobs issue: 'Can I map an income acct and expense acct to calculate 1099? We have contractors that charge them a fee for booking jobs. We want them to get the 1099 w/out our fee.' available: Yes.
The booking jobs 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 booking jobs issue yourself by looking for a resolution described in the article. If it is a complex booking jobs issue or you are unable to solve the issue, you may contact us by clicking here or by using other booking jobs support options.
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