7/25/2019 1099 Payables Process Flow

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1099 Payables Process Flow

Review 1099 InvoicesRun payment Report

Processing 1099s is a top priority for accounts payable (AP) managers at the beginning of each

year. In most companies, the I !epartment re"iews #racle$s %etalin& for the new annual AP patches

(ma!e a"ailable in 'o"emberearly ecember to reflect 1099 reporting changes re*uire! by the

Internal +e"enue er"ice -I+ for that ta/ year). he AP managers then e/tract the !ata for the

current ta/ year an! file that !ata in the up!ate! format.