Bill.com Setup Guide
How do I prepare and file 1099 forms using the data from Bill.com?
You can link your Bill.com company to 1099SmartFile account. We will analyze and categorize the transactions from Bill.com and map them to various boxes for 1099-MISC and 1099-NEC forms, based on the account mappings you provide. Please follow the instructions below to prepare and file your 1099 forms.
Login in to your 1099SmartFile account.
You can sign up for our service and create your filings for free. You don’t have to enter the payment information until you are ready to submit the filings.
Setup integration with Bill.com.
Go to the 'Integrations' from left navigation and click on the 'Bill.com' logo to begin the setup process for integrating with Bill.com.
Enter your Bill.com credentials.
Please enter the credentials you use to login at Bill.com. Your credentials are encrypted with industry standard encryption and is the approved way of integrating with Bill.com.
Verify connection details.
If the connection process is successful, you should see the connected Bill.com company details. Click 'Import Data' to import the data from Bill.com
Categorize your transactions.
On the Account Mapping page, tell us which chart of accounts map to which 1099 box amounts, by clicking the box name. We will pull all your bill payments and bills from Bill.com and calculate the box amounts, saving you tons of time. If you don't want to categorize the transactions, you can skip this step and can manually enter the box amounts later. Click 'Next'' to review the data.
Review the data to be imported.
We will pull all your vendors, bill payments, bill details and create the payees and 1099-MISC and 1099-NEC filings. (Filings will be created only if you have categorized the transactions in the previous step). Please review the data to be imported. If anything is wrong, fix the data in Bill.com and refresh the data from Bill.com. You will be able to make changes to the imported data in our systems, but please note that, the data updated in 1099SmartFile will not be synced back to Bill.com. Click 'Next' to import the data into 1099SmartFile.
Submit the filings.
Now, you are ready to submit the filings you have imported. Go to the 'Filings' tab to find the filings we imported. You can always make edits, add more payees and filings, before submitting.