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How is Vendor Compensation calculated?

Disclaimer: FlipperForce does not provide tax, legal, or accounting advice. This report and FAQ are for informational purposes only and should not be soley relied upon for tax compliance. Because IRS rules are complex and subject to change, we strongly recommend consulting with a qualified tax professional or accountant before making business decisions or filing returns.

We believe in "trust, but verify." If a vendor's total looks higher or lower than expected, you can easily audit the numbers:

  • The "View Expenses" Link: Next to each vendor in the 1099 Report, you will see a View Expenses link.
  • Global Vendor Expense Report: Clicking this link will take you to a detailed Global Vendor Expense Report filtered specifically for that vendor.
  • Cross-Project Visibility: This report shows a line-by-line list of every single expense, including the Project Name, Date, Category, and Amount across your entire portfolio.

This transparency allows you to quickly identify if an expense was miscategorized or if a specific project's costs are pushing a vendor over the $600 threshold.

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