1099-NEC question

SOLVED

I have read about the utility to move 1099-MISC data to the 1099-NEC boxes.

I have a few questions.

1. Can the utility be processed at any time?

2. Is it best to run the utility at year-end, after 2020 entries and before 2021?

3. If the utility is run in 2021, will it affect both 2020 and 2021 1099 data?

Just trying to determine the best practices for using this utility.

Any thoughts are greatly appreciated!

Parents
  • +1
    verified answer

    This is a utility intended to be run ONE time per company. It should be run after installing the NEC 1099 code changes on any of the following versions, but before entering any new 1099 data:
    6.0.9 and 6.0.10
    6.10.3 and 6.10.4
    6.20.0 and 6.20.1
    It should only be run if the user entered their year 2020 MISC data the same as the year 2019 MISC data.

    If the user has installed any of these versions and has been entering any NEC or MISC 1099 data, they should not use this utility. If the user is at a prior version than listed above, the utility should not be used. It is intended to be used with the releases listed above.

    We are currently making some minor changes to this utility that will be ready as a hot fix. I don’t have an estimate now for when the changes will be completed, except that they will be done by year end. We are modifying the utility as follows:
    1. Will now work for data from 2020 and greater. Originally this was only designed for 2020 data assuming that all users would run this before any 2021 data was entered.
    2. A prompt will be added to warn the user if the utility was already run for the current company.
    3. Will now move the MISC buckets in AP_OpenInvoice if there is a balance.

  • 0 in reply to SusanneN

    Hi SusanneN,

    Just checking to see if there are any updates in regards to the release date of the modified utility.  Thanks!

  • 0 in reply to BShockley
    SUGGESTED

    Because this is a download for the utility, you will need to sign in to see it.

  • 0 in reply to Linda KR

    Got it!  Thanks!

  • 0 in reply to BShockley

    If you ran the original NEC utility can you also run the AP6001-T on that same company. It detects that the utility was already run so can you run this new fix as well?

  • 0 in reply to dhalpin

    I did it just to see what happens since the client only had 5 1099 Vendors.  It zeros out the history numbers for the vendors that it already copied over.

  • 0 in reply to Bvulliamy

    Please see my comments above about the details of the original AP_Update1099s_utl utility. It was a one time utility meant to be run once before you entered 2020 1099 data. If you want to add misc box 7 data to existing NEC box 1 data, use the new AP_1099MISC7_utl utility. That can be run multiple times. 

  • 0 in reply to SusanneN

    So the original utility should have only been run if no 2020 1099 data existed and the new AP_1099MISC7 should be run if 2020 1099 data already exists under misc box 7? I think many of us ran the original utility with 2020 1099 data already being entered in the system and now are confused how to move forward with this new utility. It sounds like we will have to fix the open invoices manually?

  • 0 in reply to dhalpin

    The new utility will move the open invoices for MISC box 7. There are documents for both utilities in the Sage100 Utility directory that might be helpful. 

  • 0 in reply to Linda KR

    I just upgraded a client from v2018 to 2021.  Tried to run the utility, but got the message "this utility is no longer available".  It's present in the MAS90\Utility folder.  Nothing happened during the conversion. Was this utility not updated for later versions than 2020?

  • 0 in reply to barbgold

    We removed this utility. It was intended to be run for the 1099s printed in year 2020. It should have only been run if you entered data based on 2019 1099 boxes before the 1099 NEC code changes were completed. The warning was very specific. If your customer is at version 2018PU10, you should not be running this utility. It will corrupt the data. If you are at an older version of 2018, you may need to contact support for guidance. 

  • 0 in reply to SusanneN

    What about when clients on unsupported versions are upgraded into current versions?  What are they to do to update?

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