CERES5.00.97 - Vendor 1099 MISC-07 Update Part 2

Modified on Mon, 10 Apr 2023 at 07:36 AM

Service Request or Support:

Issue addressed: When a vendor payment is financially voided with the “Unapply and void check” option, the 1099 reports can misrepresent the vendor’s 1099 amount.

 

Objects Affected:

Type               ID                    Name

Report            10109             Vendor 1099 Div

Report            10110             Vendor 1099 Information

Report            10111             Vendor 1099 Int

Report            10112             Vendor 1099 Misc

Report            10115             Vendor 1099 Magnetic Media

Report            10116             Vendor 1099 Misc 2020

Report            10117             Vendor 1099 Nec

Codeunit       10202             Entry Application Management

 

This release does not present a change in system usage methodology. 

Resolution: Ceres was enhanced to support 1099 NEC and MISC for Financially Voided Payments.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article