RKL eSolutionsBlogs

1099 Filing in Sage 100

Important 1099 changes in Sage 100 for 2020 tax filings

The Department of Treasury recently changed the 1099 filing process for Non-Employee Compensation. For 2020, all amounts previously reported in BOX 7 of Form 1099-MISC are now required to be reported on an entirely new Form 1099-NEC (Non-Employee Compensation).


To prepare for this important change, Sage 100 customers must apply an update to their Sage 100 system. Then any relevant data needs to be updated for existing 1099 vendors and 1099 transactions.

We held a webinar for our Sage 100 customers to review the 1099 filing process. Please contact us if you need assistance updating your environment and your vendor/transaction data to be compliant with the new 1099 NEC requirements. 

online-course (1)Watch the Webinar Replay

 

digital-library Review the Slides


Missed the Sage 100 year end processing webinar?

WATCH the replay DOWNLOAD the slides

need more sage 100 year end processing tips

Read our blog for more tips, tricks and resources

 

RKL Team

Written by RKL Team

Questions? Need Support?
Get in Touch