Tracking Subcontractors in Quickbooks Online for FREE

Tracking Subcontractors in Quickbooks Online for FREE

QBO lets you track subcontractors easily by having you check an optional box when you set them up as a vendor. But, when you select this option, you will be charged a monthly fee for every sub that is tracked like this. The fee is only a few dollars per month per sub, but this can start to add up very quickly. 20 Subs at $2.00 / sub will be an extra $40.00 / month added to your subscription. Then, you have to pay them to issue a 1099 at the end of the year. The workaround is very simple. It just requires you to add an account called “Subcontractor Payments” or something similar in order to run a report that will isolate these payments and sort them by subcontractor. Then you just use the data to prep and file the 1099s.

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