---
title: Sage 500 ERP (formerly MAS 500) 1099 Update
description: Sage recently released a 1099 update for Sage 500 ERP (formerly MAS 500). The update is for Sage 500 ERP v7.3 and v7.4.
---

[RKL eSolutions | Technology Insights, Tips and Trends ](https://www.rklesolutions.com/blog)

# [Sage 500 ERP (formerly MAS 500) 1099 Update](https://www.rklesolutions.com/blog/sage-500-erp-formerly-mas-500-1099-update)

 Written by [Joe Noll](https://www.rklesolutions.com/blog/author/joe-noll) | Jan 4, 2013 7:12:58 AM

Sage recently released a 1099 update for [Sage 500 ERP](https://www.rklesolutions.com/sage500.html) (formerly MAS 500). The update is for Sage 500 ERP v7.3 and v7.4. The Sage 500 ERP v2013 included the update changes already so there is no patch necessary.

**The 1099 Update changes for 2012 include the following:  
**

- The electronic format has changed for 2012. The electronic reporting is a requirement for companies with over 600 1099's.
- For security purpose, the IRS is now truncating the payer's social security number on their copy of the 1099 they receive. While this is not a requirement, it is highly recommended.

We recommend that you apply this 1099 update patch if you are current on Sage Maintenance. If you are not current or you have a version other than the three (3) I mentioned above we can assist you in retrofitting these changes into your version. In addition we can assist in the implementation of the 1099 update patch mentioned above.

Please [contact us](https://www.rklesolutions.com/contacts.php) for any questions you might have regarding your 1099 update and Sage 500 ERP.

[View full post](https://www.rklesolutions.com/blog/sage-500-erp-formerly-mas-500-1099-update)

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