Having a robust vendor setup process may not be music to the ears of many, but it definitely can make the payment and 1099 processing lifecycle in Accounts Payable hum a sweet tune. This presentation will focus on Wake Forest University's internal processes and toolset (Banner, FormFusion, and Cognos reporting) for vendor set up and 1099 processing for multiple charts of accounts. The vendor setup discussion will include reviewing OFAC (Office of Foreign Asset Control) lists, SDN (Specially Designated National) lists, TIN matching, and determining independent contractor status versus employee status. The 1099 processing discussion will cover the steps needed to successfully create 1099s in a multi-chart environment and describe the reports used to ensure a clean set of 1099 data. This session is intended for any school that wants to benchmark or learn how another institution handles these processes.