If a contractor makes a set hourly rate, you can set their pay rate.
Click “CONTRACTORS” on your admin menu.
Choose a contractor.
Click “EDIT” beside “Pay Rate and Starting Balance”.
Enter the contractor’s hourly pay rate.
If you have paid the contractor this year, enter the total amount you have paid them.
Then, choose the starting balance effective date.
Entering a contractor’s starting balance will make sure their 1099-MISC is correct at the end of the year.