Looking specifically for plug-in to NetSuite to pr...
# accounting
m
Looking specifically for plug-in to NetSuite to produce 1099's and do the filing
a
Sovos, Yearli, Track1099 are the options that usually come up. They all have a bundle and require a combination of flagging your vendor/expense accounts then use a search to upload to their sites
m
Thank you, Alex.
r
@Mitchell Londres We use Sovos for our 1099 tracking. The price isn't too bad either.
m
Thanks, Ryan.
n
Is everyone aware of the IRS changes for 2020 regarding 1099-MISC and 1099-NEC? Has anyone heard from NetSuite if they are going to add a 1099-NEC Category to the Accounting List as well as a new 1099-NEC Category field to the Chart of Accounts? OR do we have to try customizing NetSuite ourselves to add this and then customize the saved searches to appropriately extract data for both 1099-MISC and 1099-NEC?
k
I am wondering the same thing here. Does anyone know anything about this?
k
Last I saw on this was that someone said it was a defect and NS planned to resolve it.
Didn't get a timeline from NS though.