Updated 1099's (Oct 2020)
Updated 1099 requirements are now available in ERP!
Available in Aeros ERP version 3.12.34+
MANDATORY UPDATE WILL BE NEEDED THIS YEAR FOR 1099s.
There are new 2020 1099 MISC & 1099 NEC requirements that will require an ERP software update.
There are new requirements around NEC = Nonemployee Compensation so an NEC type was added to the system and the configurations needed for that type as well as modified the revised MISC box numbers.
Full documentation and samples are located in the Aeros ERP User Manual: 2020 1099's MISC & NEC New Requirements
If you would like to be upgraded to this version of Aeros ERP or would like to receive training on this process, please contact the Support Department at Rcm.CustomerSupport@culturatech.com or 909.980.5338.