When I run my year end 1099 Vendor Report one of the vendors was only paid $462.50. However, it has the "Limit Met" as yes. I believe the "Limit" is $600.00. How do I correct this in Sage?
To correct Vendor Limites; Select Reports & Forms, Forms, then Tax Forms. Select the 1099, then select Preview and Print. Here you will see a button called Adjust Limits. Select Adjust Limits to adjust the limits on the 1099.
*Community Hub is the new name for Sage City