Having trouble figuring out how to view or print 1099 forms in AX Dynamics 2012 R2, we have tried most suggestions on the forum and have not had any luck, is there a detailed document on how to accomplish this
We might have found the answer, it looks like the Vendors were not setup as 1099 before the transactions were recorded, so we have to run an update 1099
The link that explains the steps
STEP 2 Update existing transactions on that vendor account so that they are also included in 1099 reporting If you setup a 1099 vendor during the calendar year after you have already processed transactions for that vendor, you can update the previous transactions to be 1099 transactions Accounts payable > Common forms > Vendor details > Functions > Update 1099 •The vendor account number will defaulted
•Enter the date to begin includfing information in the update
•Enter the last date to include information in the update
•The 1099 box that information is being updated for is defaulted from the vendor 1099 setup
•Enter the state to update information for
•Select the Update all checkbox to update all 1099 information for the vendor
•Select the Recalulate existing 1099 amounts checkbox
As per my understanding most comprehensive details about this topic is listed in following link
I don't know if you have gone through it or not
Please check this link
Please update you find it good.. or you find more details
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The portion where I need to print a summery report does not exist in our system, the document says to look into the following, under Procurement and sourcing - Reports there are no 1099 selections
2. Print a Tax 1099 summary report and a Tax 1099 detail report (Procurement and sourcing > Reports > Tax 1099) to review vendor information and locate any vendors who might need changes.
If this Report Menu is not showing up in you company, it means that your legal entity not have Country AS US
As this functionality is for US country only.
Try creating new legal entity with Company address from US,
Hopefully it will show up.
Thank you for our reply, I did check we do have multiple legal entities setup, the one I am trying to run the 1099s for is setup as a US legal entity, also have the tax ID setup