Currently, Business Central uses the vendor’s primary name from the Vendor Card when printing 1099 forms. However, many businesses need to report a different name on the 1099 than the one used for operational purposes (e.g., DBA names, parent company names, or IRS-registered names).
Add an optional field on the Vendor Card called “1099 Print Name” (or similar). When populated, this field should override the standard vendor name on all 1099 reports and electronic submissions. If left blank, the system should default to the existing vendor name.
Comments
Same. I have clients that needed to use a DBA name and couldn't. This would be wonderful to have for next year.
Category: Financial Management
We have a similar requirement, and have many vendors that use a DBA company name. To solve this, we have added two new fields called Tax Name, and Check Name. This was functionality that we had used in our old Dynamics GP system, but created a customization in BC to handle. Not having the fields cause problems both for accurate TIN matching, as well as 1099 form generation and submission.
Category: Financial Management