Does Sage 300 support the Form 1099-NEC?

Summary

The IRS has created Form 1099-NEC for filing Non-employee compensation payments for 2020 which was reported on Form 1099-MISC.

Check on the IRS website for more information on Form 1099-NEC.

Resolution

The Form 1099-NEC updates are included in the following Product Updates: 2021.1, 2020.4 & 2019.7. See Sage 300 Product Updates Downloads for details.