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How are contractor payments recorded in my books?

Bookkeeping & accounting

They are categorised separately from employee payroll, even when both run through the same provider.

The separation matters at year end, because contractor payments drive 1099 filings and wages drive W-2s. Mixed into one expense line, that becomes a January untangling job. More on expense categories.

Inkle Books closes and reconciles your US books every month.

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