Feature of the Day: Printing 1096 Forms - Inside Microsoft Dynamics GP - Site Home - MSDN Blogs

GP 2013 adds Feature of the Day: Printing 1096 Forms

How to Use the 1099 Modifier Tool | CriticalEdge Group Blog

Critical Edge covers How to Use the 1099 Modifier Tool

Feature of the Day: Update 1099 Information - Inside Microsoft Dynamics GP - Site Home - MSDN Blogs

1099's get a facelift in GP 2013. Learn more at Feature of the Day: Update 1099 Information

1099s can be a breeze! | Dynamics University

Chris Hadden tells us that 1099s can be a breeze!

The Dynamics GP Blogster: 1099 reports: the devil is in the details

Mariano digs deep into 1099’s and finds that with 1099 reports: the devil is in the details

1099 Edits in Dynamics GP—A Short But Sweet Reminder | Dynamics GP Insights

Christina Phillips has a short but sweet reminder about 1099 Edits in Dynamics GP.

Dynamics GP Land: 1099 Reporting, Or Not?

Christina Phillips digs deep into 1099 reporting in 1099 Reporting, Or Not? over at Dynamics GP Land.

Dynamics GP 1099s | DynamicsCare

Amy Walsh looks at Dynamics GP 1099s over at DynamicsCare

Belinda, the GP CSI: Microsoft Dynamics GP Prepare for your 1099’s

Belinda the GP CSI has a nice video to help you Prepare for your 1099’s in Microsoft Dynamics GP.

President Signs Repeal of Expanded 1099 Requirements

The repeal of the onerous 1099 requirements coming out of the healthcare bill has been signed by the President. Some parts remain however, including the increased penalties for improper filing.

Journal of Accountancy has the nitty gritty.

Weekly Review: Track and Get W-9's For Vendors

I posted this long before the current 1099 mess and it’s still relevant. Even though it looks like the onerous 1099 requirements may be going away (if only the Senate and the House will reconcile their versions and assuming the President signs it), there will still be requirements to file 1099 forms.

In the U.S., a 1099 form is used to provide information to the IRS on non-corporate vendors that are paid more than $600. The biggest problem with this process is getting a Tax ID number from these vendors, usually this involves a W-9 form. Often, companies don't get a Tax ID number when they setup the vendor and have to go back at year end and try to get one. Good luck making this happen in the real world.
The only way to make this process work smoothly is if the AP department enforces a strict, no pay policy without a W-9 on file. It's brutal but it does get W-9's in the door. Here's how Dynamics GP can facilitate this process by preventing payments to vendors without a Tax ID in GP.

1. Setup every new vendor on hold by checking the Hold box next to the Vendor ID on the Vendor Maintenance window. (Cards->Payables->Vendor)
2. Open the Options window on Vendor Maintenance with the options button. (Cards->Payables->Vendor, Option)
3. In the Tax ID field of Vendor Maintenance Options enter "Need Tax ID"
4. Enter the rest of the vendor info and save it.

Once a W-9 with an ID is received, enter the tax id in the tax id field and remove the hold.
Use a Smartlist at the time of each AP run to review vendors on hold due to missing tax ID information. This process also makes it very easy for AP personnel to deal with vendor inquiries. If the vendor's payments are on hold due to missing Tax ID information, tell them when they call. It's amazing how fast that information arrives.

Originally posted by Mark at 1/12/2009 09:00:00 AM

Dynamics GP 2010 Vendor 1099 Details window |DynamicsCare

Amy Walsh tackles the Dynamics GP 2010 Vendor 1099 Details window over at DynamicsCare. On a related note, someone won a copy of the Microsoft Dynamics GP 2010 Cookbook at a recent GPUG event. Later that afternoon they wrote in to say that the book was already useful for them. They need to fix a 1099 issue and the answer was in there. Even if they had bought the book, it would have saved them consult dollars and time to get the issue fixed.

Adjusting the print on W-2s or 1099s

Continue there payroll related postings, The Summit Group looks at Adjusting the print on W-2s or 1099s.

Validating SSN against High Group list from Social Security Administration for SQL Server

MS SQL tips has published SQL code for Validating SSN against High Group list from Social Security Administration for SQL Server.

In Dynamics GP we do lot’s of work with Social Security Numbers. Many folks are feeling a little SSN pain right now with 1099’s and W-2’s. The code from MSSQLTips can be used to validate that a SSN is in a valid range. This is usually a first step/minimal verification process. It doesn’t ensure that the SSN is valid or that it is issued to the name provided with that SSN but it does help detect data entry errors or the simplest levels of fraud.

Check those 1099s! You may have more than you bargained for!

Leslie Vail reminds us to Check those 1099s! You may have more than you bargained for!

It’s common to see vendors not marked at 1099 vendors when they should be. In Leslie scenario though, we see the opposite. If a vendor is marked as a 1099 vendor early in the year and the 1099 designation is removed, 1099 amounts are still present in their record and may still generate 1099’s. Check our her post for the details.

GP Users Prepare for Increased 1099 Reporting Requirements from US Health Care Reform

Linda Rosencrance has a new article on MSDynamicsWorld.com looking at how GP Users Prepare for Increased 1099 Reporting Requirements from US Health Care Reform

Now is the Time to Control Your 1099 Reporting with Microsoft Dynamics GP

I’ve got a new article up on MSDynamicsWorld.com. My newest article looks at the significant changes coming for 1099’s as a result
of the new healthcare legislation and how to start preparing with Dynamics GP.

Don’t skip this one. Too many folks still don’t know about the avalanche of paper that is coming.

Dynamics GP 10 and 1099s

I.B.I.S. consultant Amy Walsh is starting a new, four part series today on 1099's and Dynamics GP over at DynamicsCare. Make sure to check out her 1099 posts all week long.

1099 Printing In Dynamics GP

Doug Pitcher of Rose Business Solutions has some great info on 1099 printing in versions 9 and 10 of Dynamics GP

Weekly Dynamic:Track and Get W-9's For Vendors

In the U.S., a 1099 form is used to provide information to the IRS on non-corporate vendors that are paid more than $600. The biggest problem with this process is getting a Tax ID number from these vendors, usually this involves a W-9 form. Often, companies don't get a Tax ID number when they setup the vendor and have to go back at year end and try to get one. Good luck making this happen in the real world.

The only way to make this process work smoothly is if the AP department enforces a strict, no pay policy without a W-9 on file. It's brutal but it does get W-9's in the door. Here's how Dynamics GP can facilitate this process by preventing payments to vendors without a Tax ID in GP.

1. Setup every new vendor on hold by checking the Hold box next to the Vendor ID on the Vendor Maintenance window. (Cards->Payables->Vendor)
   
2. Open the Options window on Vendor Maintenance with the options button. (Cards->Payables->Vendor, Option)
3. In the Tax ID field of Vendor Maintenance Options enter "Need Tax ID"
4. Enter the rest of the vendor info and save it.

Once a W-9 with an ID is received, enter the tax id in the tax id field and remove the hold.

Use a Smartlist at the time of each AP run to review vendors on hold due to missing tax ID information. This process also makes it very easy for AP personnel to deal with vendor inquiries. If the vendor's payments are on hold due to missing Tax ID information, tell them when they call. It's amazing how fast that information arrives.