@SAustin 

From my past testing and a foggy memory of the details when a help system actually existed in QB, if you create a bank account called "PayPal" to record your PayPal activity, which is the best way in QB since PayPal functions like a bank account, it will be ignored. Same is true for all transactions in a Credit Card type account, regardless of the transaction document number.

Yes, at the time Intuit came up with this list of things to ignore Square and Venmo didn't exist, and since Intuit hasn't updated the list in many years they're not ignored.

Note that one way to minimize the pain of creating 1099's, or to eliminate it, is to avoid paying 1099 vendors with cash. If you consistently use one of the payment methods that is reported on the back end, then you won't have to file any 1099's - or very few, for select vendors that won't accept credit cards or PayPal/Venmo type payments.