First year running 1099’s in EPICOR and I’m running into problems. When our suppliers were set up in Epicor from our previous system they did not have proper supplier setup for 1099 reporting. New suppliers were set up correctly. I have gone into Posted Invoice Update and updated all invoices/lines to show Misc - 1099 and box 7 for the appropriate payments that occurred throughout 2020. When I run the 1099 report, it only shows the suppliers that were set up correctly from the start, not the ones that I updated. Any ideas on how to get the updated to populate the report too? Any help is much appreciated.
There is a tab on the Supplier that appears when you enable the US specific functionality. I am assuming that the old suppliers have not had the appropriate box checked off to include them on the 1099.
All of the suppliers have the appropriate box checked. Since I updated the invoices after they were paid, could that have any impact? Thanks.
Potentially. Maybe you can compare a record from one of the suppliers where it is working to a record of one where it is not. There may be a flag that gets assigned at time of transaction that flags the record for later.
we have the same issue - went live in 2020 but setup vendors correctly after the fact.
Hi Kris,
Did you find anything out? I may open a Epicor case as we have the same issue.
Yes, I think I got it figured out. You have to go through every invoice and every line that you paid the supplier and update it. If you go to Posted Invoice Update, pull up the invoice and then go to Lines. In Lines, you will see USA and this is where you must change the 1099 type and code. It was a long process but it worked for us.
My latest problem is that we are not on the most current version of Epicor so I am now having to process my 1099-NEC’s through an outside software. Boy, I’ll be glad when this is over. Good luck!
Have you tried installing the latest patch to 10.2.500? It should be .29.
I’m curious because I have the same issue for a client of mine.
Thanks Kris!
what version of Epicor are you on? I can’t even get the 1099-NEC form to generate when I run Print 1099 US forms report.
We are dealing with an interim IT guy and apparently our current server can’t handle us installing the patch on our pilot program and live program at this time. I may be able to print the 1099’s without extra software by downloading them to excel. Will try it and see? Otherwise, I just purchase 1099 software from Office Max. Luckily, I only have 32 1099’s.
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Have you run the ‘1099 Conversion’ process? I was testing 1099 functionality, and found this updated the invoices for the year with the type and code as well. Run it in your test environment first, and you’ll see what got updated in the conversion log. We’re on 10.2.500.
We are on 10.2.500.21. They told me today to upgrade to 10.2.500.22 but we have system constraints right now. So I guess I am going to have to use outside software to process my 1099’s. Our Epicor system is showing them in the old format, not the NEC format.
Epicor sent this email some weeks ago.
Action Recommended: New Version of the 1099-NEC Form
The United States Internal Revenue Service (IRS) has updated their requirements for the 1099 forms related to Non-Employee Compensation. Epicor Development has completed the changes to the printed and electronic forms in the active versions of our software. Epicor is offering an enhancement to address these changes for customers on Sustaining Support that have not purchased Extended or Pro Support, or approved versions of the product.
More information can be found on the IRS website or in the USA CSF fact sheet.
Your Impact
Due to the broad impact of the enhancement, Epicor is making an exception to the Epicor Lifecycle Policy by providing a retroactive update for customers on ERP versions 10.2.300 and older (Sustaining Support versions). Customers on Sustaining versions that have purchased Extended or Epicor Pro Support will receive a complimentary enhancement if they are on the latest release. Select versions on Sustaining Support can receive the enhancement for a fee. Any customer (Active or Sustaining) not on the latest update of their version will either need to complete the update or pay additional fees to receive the enhancement.
The updated 1099 forms are available for versions currently in Active Support:
| 1099 Printed Forms | 1099 Electronic Report |
|---|---|
| 10.2.700 | 10.2.700.4 |
| 10.2.600.12 | 10.2.600.15 |
| 10.2.500.26 | 10.2.500.29 |
| 10.2.400.33 | 10.2.400.35 |
| HF 10.2.300.41 * | HF 10.2.300.41 * |
| HF 10.2.200.40 * | HF 10.2.200.40 * |
Request an Enhancement
To request an enhancement or learn more, submit a case in EpicCare. If you would like to move forward with an enhancement, include a purchase order number for billing. Our support team will help assess the exact enhancement you need, address pricing and invoicing, and distribute the enhancement.
Remain Compliant by Staying Current
Epicor is typically only able to provide resolution for Active versions of our software. We strongly recommend customers make plans today to upgrade to the latest version of Epicor ERP to ensure in future access to critical fixes and enhancements – as well as help you get the most from your investment.
NOTE: If our records are incorrect and your business is on a newer version of Epicor ERP, please refer to this article: Managing Product Profiles, to learn how to update your version information in EpicCare.
Thank you,
Epicor CSF Product Management
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