Accounts Payable creates the following 1099 / CPRS codes:
| 1099/CPRS Code |
Minimum To Report |
Description |
|---|---|---|
| 1 | 600 | Rent |
| 2 | 10 | Royalties |
| 3 | 600 | Other income |
| 4 | zero | Federal income tax withheld |
| 5 | zero | Fishing boat proceeds |
| 6 | 600 | Medical and health care payments |
| 7 | 600 | Non-employee compensation |
| 8 | 10 | Substitute payments in lieu of dividends or interest |
| 9 | 5,000 | Direct Sales |
| 10 | 600 | Crop insurance proceeds |
| 13 | zero | Excess golden parachute payments |
| 14 | 600 | Gross proceeds paid to an attorney |
| 15A | 600 | Section 409A Deferrals |
| 15B | zero | Section 409A Income |
| 16 | zero | State income tax withheld |
Note: As of the 2014 tax year, code 11 is not used on 1099 forms. However, if you previously used code 11 (for example, in vendor records), it will still appear in Sage 300 until you change it.