Understand vendor types

Refer to the following to understand the different types of vendors you can create in Accounting CS.
note
The application creates firm and tax agent vendors automatically. You can't select these types when adding new vendors.

Firm vendor

  • Created automatically for each client.
  • Links client billing information for printing checks or impounding funds.
  • Ensures your firm gets compensation.

Tax agent vendors

  • Created automatically based on client and employee addresses.
  • Receive liability payments for payroll taxes.

Payroll agent vendors

  • Link to deduction and employer contribution items.
  • Receive non-tax liability amounts from payroll.

1099 recipient vendors

  • For vendors who should receive a Form 1099.

Trade vendors

  • For routine suppliers who don't need 1099s or payroll compensation.

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