Microsoft Dynamics GP includes the ability to print Payables 1099 statements for vendors. In the Dynamics GP October 2022 release, we have added a report to include the boxes and lines for the 1099-NEC form. Now, when you select to print the 1099-NEC form, you have the option of printing the form type one-wide with boxes. When this option is selected, the form will print on blank paper.
This will be a nice feature for when you need to print your forms to screen and verify 1099-NEC information. It can also be used as the form that is delivered to the vendor. This feature does not print the 3-part 1099-NEC form with boxes by the IRS (About Form 1099-NEC, Nonemployee Compensation | Internal Revenue Service (irs.gov) ). Usually, customers will submit the forms electronically to the IRS vs a printed copy.
To print the 1099 Nonemployee Compensation (NEC) form with boxes, follow these instructions:
- Go to Purchasing >> Routines >> Print 1099
- 1099 Year: select the current year
- 1099 Type: select “Nonemployee Compensation”
- Form Type: select “One Wide with Box”
- Add the remaining information in this window and click the “Print Forms File”
If you need additional assistance, then get in touch with our support team!