Dynamics 365 Finance Vendor 1099 Processing | Setup, Transactions & Year-End Reporting
Learn to process Vendor 1099 reporting in Microsoft Dynamics 365 Finance, including vendor setup, tax IDs, 1099 boxes and amounts, transaction tracking, settlements, corrections, and year-end reporting.
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Sneak peek inside!
Sneak peek inside!
Course Length: 00 Hours 18 Minutes 51 Seconds
The paid version of this course contains videos on the following topics:
Overview
This course provides practical training on Vendor 1099 Processing in Microsoft Dynamics 365 Finance. You’ll learn how to configure vendors for 1099 reporting, manage tax identification and 1099 information, track reportable vendor transactions, review and correct 1099 amounts, and support year-end 1099 processing and reporting.
What You Will Learn
- Understand Vendor 1099 processing in Microsoft Dynamics 365 Finance
- Configure vendors for 1099 reporting
- Work with Federal Tax ID and Tax ID information
- Configure and use 1099 boxes and default 1099 values
- Track 1099 amounts on vendor transactions
- Understand how vendor payments and settlements affect 1099 reporting
- Review and update 1099 transaction information
- Understand manual 1099 transactions and corrections
- Review Vendor 1099 information for year-end processing
- Support accurate Vendor 1099 reporting in Accounts Payable
Course Overview
This module includes hands-on demonstrations of:
- Setting up vendors for 1099 reporting in Microsoft Dynamics 365 Finance
- Reviewing vendor tax identification and 1099 settings
- Working with 1099 boxes and reportable amounts
- Tracking 1099 information through vendor transactions and settlements
- Reviewing and correcting Vendor 1099 transaction information
- Working with manual 1099 transactions
- Reviewing Vendor 1099 information for year-end reporting
Outcome
By the end of this course, you’ll understand how to process Vendor 1099 information in Microsoft Dynamics 365 Finance, including vendor setup, tax IDs, 1099 boxes and amounts, transaction tracking, settlements, corrections, and year-end reporting.
