
New in Dynamics GP October 2022 Release 18.5
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!