BC new 1099 feature pulling from the invoice ledger line not the payment line- has wrong amount

(1) Share

Report

Posted on by AW-09121944-0

All my vendors are showing the new BC 1099 setup code on the ledger line for invoices not payments. I have several vendors that we pre-pay and need to report the total payments for the year and BC is pulling the invoice total not the payment total.

I need to get this fixed before the end of the year so I can send the correct amounts to my CPA. Additionally, could you please instruct me on how to export the 1099 Misc/NEC data into an Excel sheet so I can send that data to the CPA? I would also appreciate it. The system now appears to be set up to force you to use the electronic transmission.

Categories:

Dynamics 365 Business Central

Screenshot 2025-1...

Your file is currently under scan for potential threats. Please wait while we review it for any viruses or malicious content.

I have the same question (0)

All responses (1)

Answers (0)

Suggested answer

Assisted by AI

OussamaSabbouh 5,278 on at

Like (1)

Report

Hello,

Your 1099 totals are wrong because BC is picking up the invoice amounts — you need to correct the 1099 fields directly on the Vendor Ledger Entries.

BC only reports 1099 based on payments applied to invoices, not invoice amounts.

To give data to your CPA:

Open Vendor Ledger Entries → Open in Excel with the 1099 columns shown.

Regards,

Oussama Sabbouh

1 people found this reply helpful.

Was this reply helpful? Yes No