I have a contractor who uses a company card for personal expenses. I want to put them under correct vendor ie Target. How to track in 1099 but with Target as the vendor?

I'm here to share valuable insights on how to record contractors' personal expenses, categorize transactions, and track 1099's in QuickBooks Online (QBO) to maintain accurate financial records, sabrina0987.

To begin with, if your contractor uses a company card for personal expenses, you can record these transactions and use the Memo field to input and track the specific vendor and categorize it in the appropriate account. Here's how:

1. Go to + New and select the Expense tab.
2. In the Payee field, look for the contractor's name.
3. In the Category dropdown, select the expense account you use to track expense transactions.
4. Enter the Amount and Tax.
5. Fill in the necessary details.
6. Type the specific vendor in the Memo field to help track the expense.
7. Once done, Save and close.

However, payments made via credit card, debit card, or third-party systems are not included in 1099 calculations because these payments are reported by financial institutions.

I've also got some resources that you might need about handling 1099s: 

• Common questions about 1099s
• Understand payment categories for the 1099-MISC and 1099-NEC

If you have any more questions about recording contractors' expenses, categorizing transactions, or tracking 1099's in QBO, please feel free to reach out. I'm here to provide the support and resources you need.