Giving Thanks: How an ERP is the Perfect Feast
Thanksgiving is a time to express gratitude and appreciation for the blessings in our lives. When it comes to an Enterprise Resource Planning (ERP) system, there are several parallels that can be drawn between the essence of Thanksgiving and the benefits an ERP brings to a business: […]
Top 5 Blogs: 2021
As the year draws to a close we take a look back at some of the blogs we posted. Here are our Top 5 Blog posts this year!
Dynamics SL CU7 Now Available
Just in time for the Holidays, Microsoft released some news for us. Every time the year is close to an end, we wait for those Year End Updates or anything else they might be releasing. Just last week, Microsoft came out with Dynamics SL CU7. There isn’t too much to unpack, but let’s get into it.
This update focused more on the 1099-NEC Form, as well as the 1099-MISC Form. The 1099-NEC or Non-Employee Compensation has been updated to support the IRS 2021 tax reporting formats. The same goes for the 1099-MISC (03.740.00) Form. The new 1099 Forms can be printed through the 1099 Forms Report.
In addition, some minor fixes have been included in CU7, however, support for Windows 2011 is still not included. If you have any questions about these updates, either fill out the form below or reach out to info@polaris-business.com.
Error: Contact form not found.
Acumatica 1099-MISC Form Update for 2018
If you are reporting non-employee compensation (NEC) in Box 7 of the 1099-MISC form you must provide payees with their copies AND file those forms with the IRS by January 31, 2019. Acumatica has released a customization to satisfy this 1099-MISC requirement that allow for the printing of 1099-MISC forms separately for non-employee compensation (NEC) (Box 7).
Microsoft Dynamics SL 2014 Year End Updates
As 2014 is winding down, Dynamics SL users should be aware of the year-end updates that may need to be installed soon. The 2014 year-end updates include changes for W-2 and 1099 reporting to comply with 2014 tax regulations. […]