Set Opening Balance for 1099

To add an opening balance for 1099 income processed in a previous system, follow the steps outlined below.  The opening balance entered will be added to the SkySlope Books 1099 income for reporting purposes.

1. In the left menu, navigate to the Directory. Then go to the Contacts section.

2. Locate the contact whose name you want to edit. 

3. Click on the pencil icon to edit the contact.

4. Once you're on the Edit Contact page, navigate to the Payroll tab.

5. Locate the field labeled Opening 1099 Value.

6. Enter the appropriate beginning balance for the contact's 1099.

Updated December 20, 2024 16:56