Overview
Note: Depending on how your system is set up, this desktop screen may also be available as a web screen. For more information, see the Web Screens Getting Started Guide or the help for Sage 300 web screens.
If the Use 1099/CPRS Reporting option is selected on the A/P Options screen, you can use Accounts Payable to track payments to vendors who are subject to 1099 reporting.
You can print this data on official forms—1099-MISC, 1099-NEC, or 1096—for vendors for which 1099 is selected for the Tax Reporting option in the vendor record.
Sage 300 Accounts Payable comes with sample 1099 and 1096 formats, designed for laser printers. The formats were valid at the time this program was released. If the forms change, you can update the report formats using Crystal Reports.
Printing Alignment Copies
To print a test copy of a 1099 or 1096 form to check the alignment of the forms in your printer, click the Align button. You can repeat this step as often as needed when the printing destination is set to Printer.
When to Print
Print 1099 and 1096 forms at the end of each calendar year, after you have entered all transactions for the calendar year.
Information Printed on This Report
The sample 1099 form includes the following information:
- Your company name, address, and identification number.
- The vendor name, address, and identification number.
- The 1099 payments to the vendor in the calendar year.
- A summary that contains the information you need to complete Form 1096 (required when filing 1099 forms).