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NetSuite 1099 Vendor Categorization and Year-End Reporting Best Practices
May 1, 2025
Q.
I’m hoping to get some real examples from people that use NetSuite ERP system.
1. How do you categorize your 1099 vendors by form and by box?(Our current set has the box on the vendor record to select if they are a 1099 eligible and under chart of accounts, we can categorize specific GL accounts by 1099MISC category only.)
2. Did you customize the vendor record to include additional drop-down categories to categorize 1099 form (MISC, NEC, INT, DIV, etc.) and box on that form? Or do you use…
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