Microsoft Dynamics 365 Business Central provides functionality to export Magnetic Media Files for submission to the IRS FIRE System. However, during a recent support case, it became evident that Business Central currently lacks native support for generating and exporting voided or corrected files for previously submitted records.
This limitation presents a significant challenge for end users who need to amend their original submissions. In such cases, the process of preparing and submitting void or correction files becomes highly manual and error-prone, often requiring users to manipulate data outside the system and adhere to strict IRS formatting requirements without automated assistance. This gap in functionality can lead to increased processing time, compliance risks, and potential filing errors.
This capitally would provide a seamless, end-to-end workflow within Business Central, allowing users to manage the full lifecycle of IRS submissions from a single platform.