Backup Withholding on 1099 Payments

Gotcha’s on using the withholding feature in Dynamics GP

3d man with calculator

Lately, I’ve been fielding several questions from clients regarding the ability to track Backup Withholding using Dynamics GP. The short answer is that you can do it, you’ve just got to be careful.

Here are a few tips:

  1. First, turn it on by entering a 1099 vendor ID in the Company Setup Options window:
    Administration | Setup | Company | Options Button
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  2. Open the Vendor card for the Vendor subject to backup withholding, push the Withholding button, and check the box indicating the Vendor is Subject to the Withholding Deduction .
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  3. After entering, posting and paying some transactions subject to withholding, print the Form 1099 for the vendor on whom you have withheld. Make sure box 7 has not been reduced by amount withheld.
  4. The Vendor must be marked as a 1099 vendor on the date of the transaction subject to withholding or it will not make it onto the 1099. Neither the ‘update’ utility, nor the PSTL utility will fix it.
  5. Using the Update ‘1099 Information’ utility does not move the withheld amount to the new form.
  6. The ‘Edit 1099 Transaction Information’ window will likewise not move nor create the withholding information.
  7. If you enter any amounts in the 1099 details window and then reconcile, the amount not supported by a transaction will return to zero
  8. The withholding vendor will not withhold on itself even if you have it set up as a 1099 vendor subject to withholding.

Bear in mind, this withholding feature was not designed for the United States. If you are using it for US Backup Withholding, be sure to test it after each service pack release.

Kind regards,

Leslie

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Backup Withholding on 1099 Payments

July 18, 2014 · Leslie Vail · No Comments
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Edit Payables Check Batch–Change the Columns Displayed

I find that there is a relatively unused feature of the Edit Payables Check Batch window. You have the option to change which columns appear on each side of the window. One change I nearly always make is to display the document number instead of the voucher number. Voucher number, really, what’s up with that?

Not only can you turn on or off the columns, you can also rearrange them.

In the screenshot below, notice I changed the left-hand section to include the Payment Priority. On the right-hand side, I changed Voucher Number to Document Number and added a field for the Original Amount.

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To make these changes, you just need to push the ‘Column’ button in the header of the side you want to change. The button is circled in red above.

Upon pushing the button on the left, you get the following window with some additional choices that you can turn on or off. You are limited; you can only choose to display three columns. It will bark at you if you select too many.

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Pushing the button on the right, will reward you with the following window with some additional choices that you can turn on or off. You are limited to seven columns for the right side. This side will bark at you too if you select too many.

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Choices for the left and right are listed in the table below:

Left Side Right Side
Vendor ID Voucher Number
Vendor Name Document Number
Total Amount Paid Due Date
Class ID Amount Remaining
Payment Priority Amount Paid
  Original Amount
  Discount Date
  Terms Available
  Terms Taken
  Type
  Transaction Description
  Currency ID

Utilizing this feature can make this popular window even more inviting.

Now, if we only had a way to ‘Unmark All’. The suggestion is on Connect. Vote for 921336 if you agree.

Kind regards,

Leslie

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Edit Payables Check Batch–Change the Columns Displayed

July 15, 2014 · Leslie Vail · No Comments
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Creating Records into Microsoft Dynamics CRM 2013 programmatically unveiled

Hi Folks, This is an extension of the post which I have written to connect to Microsoft Dynamics CRM 2013 programmatically from the following link: http://blogs.technet.com/b/tvishnun1/archive/2014/07/09/kick-start-with-connecting-to-microsoft-dynamics-crm-2013-programmatically.aspx . In this example we will see how we can create a simple contact record which includes the following fields: Schema Name Display Name Field Type firstname First Name Single Line of Text lastname Last Name Single Line of Text gendercode Gender Code Option Set birthdate Birth Date Date & Time annualincome Annual Income Currency preferredsystemuserid Preferred User Lookup exchangerate Exchange Rate Decimal Number   In the above table all types of fields are given so that you can replicate that according to your business needs for your field

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Creating Records into Microsoft Dynamics CRM 2013 programmatically unveiled

July 15, 2014 · turlapativishnu · No Comments
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Is it a Shipment or is it a Receipt?

After years of explaining to GP users that ‘Shipment’ actually means ‘Receipt’ in Purchase Order Processing, I’ve grown tired of having to do so.  Call me lazy but IMHO, the terminology should be consistent throughout the POP windows.  See example below:

So is it a Shipment or a Receipt?  My vote goes for ‘Receipt’.  If you’d like to register your vote, please do so here on Microsoft Connect – Vote for Receipt.

Thanks!

See the original post:
Is it a Shipment or is it a Receipt?

July 15, 2014 · Frank Hamelly MCP-GP MCT MVP · No Comments
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Richard Whaley’s memorial fund

Hi all,

I’ve been asked about where you could send a contribution in celebration of Richard’s life, and I now have that information. His family has established a memorial fund where you can send contributions that will be forwarded to the American Heart Association (AHA) in your name.

Richard was taken from us by congestive heart failure. The AHA is working to find a cure so that we do not lose any more colleagues that suffer the same problem as did our friend Richard. Here is the information you need to make contributions:

Bank of America
555 S. Hunt Club Blvd
Apopka, FL 32703

Routing number: 063100277
Account number: 898065822095

Thank you,

Leslie

Read more here:
Richard Whaley’s memorial fund

July 10, 2014 · Leslie Vail · No Comments
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Microsoft Dynamics Bite Sized Webinars – July … – TechNet Blogs

Options. Subscribe via RSS · Home · About · Email Blog Author · Share this · RSS for posts · Atom · RSS for post comments · RSS for comments … Sivakumar Venkataraman – Click for blog homepage This is the first of a … Description: Understand the use of the Support Debugging Tool to effectively manage, administer and customize Dynamics GP Registration Link: https://training.partner.microsoft.com/learning/app/management/registrationex/LMS_Registration.aspx?

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Microsoft Dynamics Bite Sized Webinars – July … – TechNet Blogs

July 9, 2014 · Sivakumar V · No Comments
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Kick start with connecting to Microsoft Dynamics CRM 2013 programmatically

Hi Folks, I am redesigning this blog to get things interesting for people who want to kick start things in CRM 2013. This post will help people who are new to Microsoft Dynamics CRM development and want to connect to Microsoft Dynamics CRM 2013 programmatically. You can connect to CRM 2013 in different ways well in this post I would tell you the easy way to get this rolling

Continue reading here:
Kick start with connecting to Microsoft Dynamics CRM 2013 programmatically

July 9, 2014 · turlapativishnu · No Comments
Tags: , , , , , , , , , ,  · Posted in: Blogs I Follow Total Views: 353