What
is a client?
Depending upon the type of returns to be filed, a client can be a Payer
(1099-MISC, 1099-DIV, 1099-INT, 1099-OID, 1099-PATR, 1099-B, 1099-G,
1099-Q, 1099-R, 1099-LTC, W-2G), a Lender (1099-A, 1098, 1098-E),
a Creditor (1099-C), a Filer (1099-S, 1098-T), a Trustee
(5498, 5498-SA, 5498-ESA, 1099-SA), a Corporation (1099-CAP),
a Provider (1099-H), a Donee (1098-C), or, an Employer
(W-2, W-2C). To avoid this ambiguity, Account Ability regards all filers
as clients and uses the terms client and filer synonymously.
If you are
a single practitioner, your company will probably be the only client
listed (that is, you are your own client). Otherwise, Account Ability
places no limit on the number of clients one can enter.
When many
clients are recorded, locating a client is rather easy. Depending upon
the ordering you choose (ordering by Name is illustrated
above), Account Ability incrementally locates a filer with each character
typed.
