TUG Tip-- Sage 300 CRE

TUG Tip -- Sage 300 CRE -- Year End

Preparing for 1099's

In order to prepare for 1099’s at year end, Run a query to find any vendors that require a 1099 for that year that are missing the tax ID information (I know you think this doesn’t happen, but vendors do get set up without this information once in awhile.). Query the Master AP Vendor file.

Also include the vendor name and address, so you have the information to produce a letter to each vendor that is missing this information.

Depending on how many vendors you find with issues: You may want to consider doing this more than once a year.