Adding 1099 / CPRS Codes

1099 forms are used in the United States to report the amount of purchases from your US vendors.

The Contract Payment Reporting System (CPRS) is a Canadian tax reporting system designed for reporting payments made to Canadian construction subcontractors.

Before you start

• Know the box number on the 1099/CPRS form you need to use.
• Select the Use 1099/CPRS Reporting option on the Transactions tab of the A/P Options screen.

To add a 1099/CPRS code:

1. Open Accounts Payable > A/P Setup > 1099/CPRS Codes.

2. Add the 1099/CPRS codes you need, entering for each:

   • 1099/CPRS Code. Type the number of the box on the form that contains the 1099/CPRS code.
   • Description. Type a description of the 1099/CPRS code.
   • Minimum To Report. Enter the lowest amount you are required to report for each code. Only vendors with a total 1099 amount equal to or greater than this amount are included in the electronic 1099 file or on printed 1099‐MISC forms.
3. Click the Add button.
4. Repeat steps 2 to 3 for each code you want to add.

After adding 1099/CPRS codes

• Click File > Print, or choose the 1099/CPRS Codes icon from the A/P Setup Reports folder to print a list of the codes you have added.
• Verify that the codes are correct and complete, and then file the report.

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