Updated · Originally published
Are you planning to print 1099 NEC forms from Microsoft Dynamics GP business software system this month? Depending upon the version of Dynamics GP that you are currently using, this may not be possible without adding a 1099 reporting module (which costs $500) from Micro Force-Velosio.
If you are using Dynamics GP version 18.2 or a later version of GP, your vendors can be coded to print 1099 NEC forms. Before the GP 18.2 version, 1099 NEC forms were not an option, without using an enhancement module such as the 1099 reporting module.
If you have upgraded your Dynamics GP system to the latest version that was released by Microsoft in November 2022, you will be able to print 1099 NEC or any other 1099 form without an issue from your GP system.
But if you are not using this version of Dynamics GP, named 18.5, you will need this 1099 reporting module to print your 1099 NEC forms from GP.
Micro Force-Velosio has created a reporting solution that can be added to your current version of Dynamics GP, to allow you to print 1099 reports for 2022 for the following GP versions: 18.2, 18.3 or 18.4. Installing this module will permit users to print the 1099 NEC or any other form for any of your Dynamics GP companies.
If you are using an older version of Dynamics GP such as GP 2015, GP 2016 or GP 2018 that were released before 1099 NEC was a requirement from the IRS, this module can still be used to permit you to produce 1099 NEC forms from your system. But besides the module, Micro Force-Velosio will need to provide a few hours of services to provide you with guidance and instruction on how to permit you to setup your older version of GP to print these 1099 NEC forms for 2022.
For further information or to purchase this 1099 reporting solution, please