Understand firm vendors
When you add a new client, Accounting CS creates a firm vendor automatically. It uses your firm's name and address from . This vendor helps create liabilities for the client based on billing items.
Limitations of firm vendors
- You can't delete or make the firm vendor inactive.
- You can't change its vendor type.
- The firm vendor can't receive 1099 forms.
Create a 1099-eligible firm vendor
If your firm needs to receive 1099 forms from a client:
- Set up a separate vendor record for this purpose.
- Consider addingFirmBillingorBillingOnlyto the new vendor ID for clarity.
This approach lets you have both the automatic firm vendor for billing, and a separate vendor that can receive 1099 forms when necessary.
