Changes to 1099 Processing for 2020

posted Jan 7, 2021, 12:53 PM by Barbara Thiss
There has been some updates to the report processing for 2020 1099s This is to be in compliance with new IRS regulations to generate 1099s for Non-Employee Compensation (NEC).

1. When running the processes for 1099 reporting, run the processes in the screenshot below in order. Run the second process only after the first process has         run to Success and Posted. 

     Process Scheduler Request page

2. Go to Report Manager. Here you will see that there are now 2 reports generated by this process:
  • Report APX1099CT provides PDFs for 1099 MISC
  • Report APX1099N provides PDFs for 1099 NEC
      Report Manager screen

3. Open and save the files for your review. When 1099s are printed, both types of 1099s will be generated.

If you have any questions, please submit a Service Portal Ticket.