Start in the QBO Advanced Sample Company by following the link below. Note that you will need to do the "I am not a robot" step.

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[**https://qbo.intuit.com/redir/testdrive_us_advanced**](https://qbo.intuit.com/redir/testdrive_us_advanced)

We will start by looking at the Contractors page.

From the left navigation bar, hover over Expenses, then select "Contractors".

There is only one contractor set up. Let's set up some more.

We'll start with Books by Bessie. We will need to turn on 1099 tracking for her.

Scroll down and click the "checkbox" next to Track payments for 1099.

Now that we have turned on 1099 tracking, Books by Bessie shows up on the Contractors page. Let's see how that looks.

We turned on tracking, but we still need to attach the W-9 info. Let's see how to do that.

There are a couple of different ways to handle the W-9 information.  Let's look at one of them now.

You will notice with this option you can have Intuit email them an invite to create a free account to fill out their info. If you choose this option, Intuit will automatically create a Self Employed QBO Subscription and will continue to remind them until they complete the setup. Some find that a bit annoying, so it is not the process we will use.

Instead, we will add the information manually. We could do it from the previous screen, but let's look at another way.

Fastandeasyqbo

QuickBooks

QuickBooks is a widely-used accounting software developed by Intuit, designed to simplify financial management for businesses of all sizes. It provides a user-friendly platform for tasks like invoicing, expense tracking, payroll processing, and generating financial reports. QuickBooks automates many financial processes, making it easier for businesses to monitor their financial health, prepare taxes, and manage cash flow. With its various versions and integrations, QuickBooks caters to the needs of freelancers, small businesses, and larger enterprises, offering a flexible and comprehensive solution for efficient accounting and financial management.

app.qbo.intuit.com

fastandeasyqbo.com

Scenario: Craig has asked you to make sure he has W-9s for all of his contractors, as you will need these to prepare 1099s next year. While getting these is good practice at the end of the year, an even better practice to streamline the process would be to make sure that Craig gets a W-9 from each new contractor prior to paying them the first time.

Determining who needs a 1099 is outside the scope of this lesson. We will just be demonstrating with a handful of Craig's contractors.

A.5.2 1099's and W-9's

Books by Bessie