NEW 1099 CORRECTIONS FEATURE

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February 2, 2024

 

The 1099 Corrections feature is now available in Accounts Payable. This feature offers the ability to rectify errors and omissions for reported 1099 Non-Employee Compensation (NEC) and 1099 Miscellaneous (MISC) tax forms. Changes can be made to Vendor Name, Taxpayer Identification Number (TIN), Social Security Number (SSN), payment amounts, and box numbers.

 

A user guide and checklist are available on the documentation tab.

 

 

 

 


 

 

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