Improving efficiency sorting data for 1099s

Excel Help for Improving Efficiency Sorting Data For 1099s in Analyzing Corporate Financial Data

Improving Efficiency Sorting Data For 1099s

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	Hi everyone, I'm a tax accountant who is looking for some advice related to better sorting data to use for preparation of Form 1099-MISCs at year end. Each year, it takes hours to sort through a client's transactions to determine if a payee was paid more than $600. Do you have any tips on how to use the sort/filter functions to get my desired result (amount paid by payee), or would you recommend a PivotTable to sum large data? Many thanks, Alicia
	ARamsey
	Posted by a_ramsey on 03 Nov 2021

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Solution Rate this: (3/5 from 1 vote) For your purpose, I would recommend using a PivotTable to sum the amounts by payee. It’s quick and makes it easy to filter payees who were paid more than $600. You could also use filters to isolate individual payees, but PivotTables are much faster. I’ve been using SkySuite AI for similar tasks, and it has helped streamline my data sorting process significantly

Posted by Henna Minkow on 21 Oct 2024

	Data table custom filters Rate this: (2/5 from 2 votes) I would convert the data to a data table then add any calculated columns, if necessary, to filter on.  Using the data table standard and/or custom filters should enable to extract the desired results.
	Excel Business Forums Administrator
	Posted by Excel Helper on 04 Nov 2021

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