Use the Edit Vendor Compensation Forms screen to verify the accuracy of the information on your Forms 1099 (in the United States) or T5018 slips (in Canada) and modify the information as needed.
You might want to review this information if either of the following is true:
- You don't have complete transaction data entered for the tax year (for example, because it is your first year using ProContractor and you didn't load your initial balances).
- You haven't finished setting up all of the required vendor information in ProContractor.
If you modify any vendor information on this screen, ProContractor uses the new values on any tax forms for the active tax year. However, the changes aren't saved in the vendor record. If you need to make any changes permanent, you must also modify the Vendor screen.