1. Dynamics GP - online Great Plains lets you control adding vendors to your vendor
master file. It is possible to set up vendors to be able to simplify accounting and
payables purchasing transactions.
According to my GP cloud , you can specify settings for 1099 reporting that greatly
simplify the accounting for and reporting of payments made to 1099 vendors.
You may specify Vendor Classes to organize vendors for much easier reporting and data
entry.
Vendors are automatically added to the rich Smart List reporting tool that make getting
to data quick and easy.
Here is a quick online video which will demonstrates how to do this:
http://youtu.be/agczdutcAtM
2. To read more regarding online financial software go to -
http://www.mygpcloud.com/erp-information/cloud-computing.aspx
Article Source - http://blog.mygpcloud.com/2012/12/adding-vendors-in-
dynamics-gp