I wrote the following post for PowerGP Online (SaaS version of Microsoft Dynamics GP), but the same applies with On Premises (installed on your desktop) GP.
I wrote the following post for PowerGP Online (SaaS version of Microsoft Dynamics GP), but the same applies with On Premises (installed on your desktop) GP.
https://fast.wistia.net/embed/iframe/8g5zfhkwcr?videoFoam=true
When does the 1099 get populated in PowerGP Online? Per the IRS’s Instructions for 1099’s, we report (using 1099’s) the amounts “for each person (or business) to whom you have paid during the year”. Note it says PAID not billed. The IRS doesn’t care when you get the invoice, what date is on the invoice…
via I Got 99 Problems, but the IRS Ain’t One of Them — PowerGP Online
Like this:
Like Loading...
Related
Author: Belinda Allen
Belinda Allen (Microsoft MVP) is both a Microsoft Certified Professional for Dynamics GP (MCP) and a Microsoft Certified Trainer (MCT). She is also the co-founder of Smith & Allen Consulting, Inc. (www.saci.com), a business management software consulting firm for over 24 years.
Belinda began implementing ERP systems so long ago that Windows was not an operating system, but an application. Larger businesses used old Main Frames with monitors that were Green and Black and smaller business did accounting by hand. Having seen the evolution that has taken place over the years from pieces of paper to analytics, Belinda still gets excited every time she helps a business improve.
Belinda is also well known for her Blog www.BelindaTheGPcsi.com. Her blog is about sharing really useful information about the product quickly and succinctly. She has earned the nickname GP CSI because she excels at reviewing GP problems and figuring what went wrong and why. With followers all over the Globe she is able to share knowledge and achieve her mission: “To Improve the Lives and Business Success of my Followers.”
In her time off, Belinda enjoys sailing, woodturning, crochet/knitting, sewing/quilting, reading and playing the ukulele (Belinda often participates in Ukulele Jams in NYC.)
View all posts by Belinda Allen
Belinda Allen, Microsoft MVP Business Solutions 