Dynamics 365 Finance Vendor 1099 | Vendor Setup, Transactions & Reporting
Learn Vendor 1099 setup and processing in Microsoft Dynamics 365 Finance, including vendor tax information, 1099 boxes, reportable transactions, settlements, corrections, and Accounts Payable 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 Setup and Processing in Microsoft Dynamics 365 Finance. You’ll learn how to configure vendors for U.S. 1099 reporting, maintain tax identification and 1099 information, track reportable vendor transactions, review settled 1099 amounts, correct transaction information, and support accurate Accounts Payable reporting.
What You Will Learn
- Understand Vendor 1099 processing in Microsoft Dynamics 365 Finance
- Configure vendors for U.S. 1099 reporting
- Work with Federal Tax ID and Tax ID information
- Configure and use default 1099 boxes and amounts
- Track reportable vendor transactions
- Understand the effect of vendor payments and settlements on 1099 reporting
- Review Vendor 1099 transactions
- Update and correct 1099 information
- Understand manual 1099 transactions
- Support accurate Accounts Payable 1099 reporting
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 Accounts Payable reporting
Outcome
By the end of this course, you’ll understand how to configure and process Vendor 1099 information in Microsoft Dynamics 365 Finance, including vendor setup, tax identification, 1099 boxes and amounts, transaction tracking, settlements, corrections, and Accounts Payable reporting.
