The Vendor 1099 Report is a Global Report that scans your entire FlipperForce account for the tax year, pulling payment data from every active and completed project and aggregating it by vendor.
Where the data comes from
The report is powered by your Expense Tracker. For each logged expense it reads the vendor name, the date paid, and the amount. Only expenses with a payment date inside the selected calendar year are included.
How compensation is calculated
Every expense across your portfolio is aggregated per vendor. If Smith Plumbing worked on three houses, the report finds all payments across all three and gives you one grand total.
Per IRS guidelines, if a contractor provides both labor and materials as part of their service, the full invoice amount is typically reportable, so FlipperForce includes the total expense amount.
Managing vendor information
Legal name, address and Taxpayer Identification Number come from your Companies & Contacts manager. If you see a "Missing Info" warning, click the Edit icon directly in the report and anything you enter saves back to the vendor's permanent profile.
Smart filters
Eligible: shows only vendors flagged as 1099 eligible
>$600: hides vendors paid less than the IRS reporting threshold
Turn both on for a clean list of exactly who needs a 1099
FlipperForce does not provide tax advice. Confirm your filing obligations with a certified tax professional.
Read the full article: How does the Vendor 1099 Report work?