Travel Agent 1099 Worksheet (Cloud) 🎥

Travel Agent 1099 Worksheet (Cloud) 🎥

🎥 Watch Video
The 1099 Form is a Federally mandated form used for filing sources of income. In the VM PMS, the data needed to fulfill that requirement for Travel Agent commissions are readily available for set-up and tracking.
Path: Accounting > Travel Agents > 1099 Worksheet

1. This screen will default to a current list of Travel Agencies setup to have a 1099 until filtered:
- by IATA number.
- by Travel Agent Type: In House, Non Commissionable, Prepaid or Regular.
- by Company code: if setup.
- by entering the fiscal year.



2. Click Refresh.



3. Enter the Federal ID for each 1099. The Federal ID will be provided by the Travel Agency.



3. Click the green floppy Disk to Save entries.



    • Related Articles

    • Reconcile Travel Agents Checks (Cloud) 🎥

      ? Watch Video Reconciliation is the process of comparing transactions and activity to supporting documentation. Further, reconciliation involves resolving any discrepancies that may have been discovered. Path: Accounting > Travel Agents > Reconcile ...
    • Sales & Mktg Travel Agents Profile (Cloud) 🎥

      ? Watch Video Travel agents are valuable industry partners. They are usually paid a commission percentage based on the rate. Effective setup and usage of the Travel Agent fields in Visual Matrix will aid in prompt payment processing, effective ...
    • Setup Travel Agents Commissions (Cloud) 🎥

      ? Watch Video There are two types of commission: the standard commission and the incentive commissions. Both can be setup in this section. Path: Accounting > Travel Agents > Set Up 1. The "Regular T/A Commission" is the commission that will be paid ...
    • View Commissions Currently Due to Travel Agents (Cloud) 🎥

      ? Watch Video Path: Accounting > Travel Agents > Travel Agents > Account Detail The Account Detail tab will display any Commissions currently due to the Travel Agent in the system that has not yet been processed 1. Select by IATA # or Name 2. ...
    • Create a Travel Agent (Cloud) 🎥

      ? Watch Video Travel agents are valuable industry partners. They are usually paid a commission percentage based on the rate. Effective setup and usage of the Travel Agent fields in Visual Matrix will aid in prompt payment processing, effective ...