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Latest Microsoft Dynamics GP Update Brings Enhanced Payables 1099 Form Printing

07 Dec

Latest Microsoft Dynamics GP Update Brings Enhanced Payables 1099 Form Printing

by SMB Suite
in GP Year End, SMB Blog, Support
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We are thrilled to inform you that with the Microsoft Dynamics GP 2023 Year-End Release, buying 1099 forms is now a thing of the past. All Payables 1099 forms, including the 1099-NEC introduced in the 2022 Year-End Release, can now be printed with lines directly in GP. This update, part of the 18.6 release, marks a significant enhancement in the printing of Payables 1099 forms and has been eagerly anticipated by our user community.

 

Previously, Microsoft Dynamics GP introduced the capability to print the 1099-NEC form with boxes and lines on blank paper, similar to the Payroll W-2’s, in the 2022 Year-End Release. Due to strong customer feedback, this feature has been expanded to include all types of Payables 1099 forms in the 2023 Year-End Release.

 

The hassle of spending hours adjusting printer settings and squandering pre-printed forms for minor corrections is now a thing of the past. This update is a response to the real challenges faced by users like you, and we are thrilled to see these improvements.

 

Now, with version 18.6, all Payables 1099 forms – including Miscellaneous, Dividend, and Interest – can be printed on blank paper. This feature is particularly useful for reprinting forms from previous years for vendors or for verifying 1099 information before submissions. The ease of reviewing information on pre-printed forms is a notable improvement.

 

Please be aware of a change in the 2022 Year-End form specifications by the IRS: the “For calendar year” field will now appear blank. Unlike previous versions where this field was auto-filled, the year will now be sourced from the “1099 Year” field in the Print 1099 window.

 

To utilize this feature, select the “One Wide with Box” option in the 1099 Print window. Here’s an example using the Miscellaneous form:

We believe this update will streamline your year-end processing and enhance your overall experience with Microsoft Dynamics GP.

 

Stay tuned for more Microsoft Dynamics GP features and updates. If you have any questions, contact our Business Success Desk.

 

 

This content has been adapted from a Microsoft Dynamics 365 Community article for informational purposes and to better serve our customers.

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Steve’s been with SMB Suite since 1998 and has been involved with nearly every aspects of the Company’s business as a strategist, professional services executive, cloud solutions architect, and senior consultant. In his current role, Steve is responsible for SMB Suite’s revenue and oversees the execution of ERP, CRM and BI projects for customers across a broad range of industries. Steve combines his expertise in MS Dynamics GP, CRM and other Microsoft products with a strong foundation in accounting and business to identify gaps and streamline customers’ processes. Prior to co-founding SMB Suite, Steve was previously Corporate Controller for MEHLE Behr and, prior to that, Audit Senior for Ernst & Young. Steve holds a Bachelor of Business Administration degree from the University of Texas at Arlington.

Jeremy is responsible for SMB Suite’s technology vision, strategy and implementation and is the architect of the Company’s Dynamics Cloud Platform. Highly adept in every facet of managed services, ERP systems and e-commerce platforms, Jeremy’s expertise spans the implementation and support of business and financial software solutions, as well as the customization and integration of SMB Suite’s cloud ERP technology stack. He holds numerous Microsoft and industry-related certifications, and was primarily responsible for designing the Company’s progressive business services platform in the early days of the Cloud. Prior to SMB Suite, Jeremy served as the financial analyst, systems administrator, and information systems liaison for a $2 billion financial services corporation.

Monty is responsible for SMB Suite’s day-to-day operation and, most importantly, its customers. As a leader, motivator and mentor, Monty creates loyal high performance teams willing to “walk through walls” to accomplish their goals. Prior to SMB Suite, Monty served as President of The Bradshaw Group (TBG), a global distributor, manufacturer, and repair facility for digital printers. In this role, he was the Company’s ambassador to its most important domestic, European and Latin American customers and TBG achieved a best-in-class Net Promoter Score of 74 for its superb customer satisfaction. Prior to TBG, Monty served as the General Manager of Sam’s Clubs three highest grossing U.S. stores and was named Regional Operator of the Year in 1999. Monty holds a BBA in Marketing from Texas Tech University and is an active member of Business Navigators. He has been active in Vistage International, Executives in Action, the Dallas/Fort Worth Retail Executives Association, as well as, A.P.I.C.S., the leading professional association for supply chain and operations management. Monty also volunteers with Hunger Busters and ManeGait, a therapeutic horsemanship organization.

David is a proven financial and information technology professional with expertise in providing business accounting software and computing solutions. He began his career by starting and managing a successful independent consulting practice for several years. He then launched the local systems consulting unit of Ernst & Young’s Entrepreneurial Services Group, leading the office into the hi-tech consulting arena. After successfully developing the unit for Ernst & Young, David founded NextCorp (which became SMB Suite in 2013) to serve the business software needs of clients throughout the US. David has made SMB Suite one of the best cloud ERP providers in the industry. In addition to being a successful entrepreneur and leader, he is a software and technology specialist, holding certifications in various Microsoft and other technologies.