What is the difference between 1099 vendors and partners in NetSuite?

My customer uses external individuals (not employees) for recruitment. Will these sales personnel be considered vendors (1099) or partners? Still confused on difference between the two. My understanding is that this would be a vendor since they are performing services for the course of the business through direct sales; but the customer would like to track revenue from these individuals—and i know partner records can be associated with transactions, but can vendors?

Rookie Asked on November 21, 2021 in Partners.
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In my understanding….

Are you referring to advanced partner center – partners? These are basically external sales people who can see data and help you sell.

I don’t believe NS has a mechanism to pay them out of the box. Maybe there are some commission calculations you can turn on but I have not seen with our modules.

We have partners who sell and they are given advanced partner center access. Likewise they also have a vendor record so we can pay them. You can add a custom field to a vendor to point to the APC user to link for payments.





Rookie Answered on December 5, 2021.
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