Enhanced 1099 capabilities
Enhance FIMS functions for 1099 adjustments. The 1099 vendor report with fund info only allows to run 1099's with adjustments to grantees. This should be enhanced to be able to run with vendor and grantee adjustments. That way one process is in place to be able to run 1099 reports by division.
3
votes
Rebecca Underwood
shared this idea
Feature Already Exists
·
AdminLeAnn M Hillman
(Product Manager, Fusion Laboratories, LLC - NPact Endowment Manager, Grant Edge NXT, Spectrum NXT)
responded
AdminLeAnn M Hillman
(Product Manager, Fusion Laboratories, LLC - NPact Endowment Manager, Grant Edge NXT, Spectrum NXT)
responded
The 1099 vendor report with fund does show vendor adjustments as well. The table shows grantee, but the Field is vendor. Vendors and grantees share the same database table.
Grantees typically do not receive 1099s.