1099 Adjustments

Tanya Ferguson
Tanya Ferguson
Sixth Anniversary Kudos 1 Name Dropper Facilitator 1
in Blackbaud Financial Edge NXT® General Discussions
Can I not make 1099 adjustments in NXT?  Do I have to switch over to database view to adjust vendor amounts for 1099s?  For example, I have a vendor that received two payments, one of which included an accountable expense reimbursement.  Based on the 1099 set-up of 100%, all of the payments are showing on the 1099; I need to adjust to remove the reimbursement portion of the payment, and cannot find how to do that in NXT...I found this: https://kb.blackbaud.com/articles/Article/57168?_ga=2.231641432.699884578.1580151373-1885429853.1559572676 but that is for the database.  Help?!

Comments

  • Kathleen Howe
    Kathleen Howe
    Sixth Anniversary Participant Facilitator 1
    Hi Tanya, 


    We are transitioning to NXT and this is such a great question. We are preparing our 2019 Form 1099's in FE7 for this year, but I am curious what the answer is here. 


    Kind regards, 


    Kathleen Howe
  • Christy Anderson
    Christy Anderson
    Eighth Anniversary Participant Facilitator 1 Loyalty Badge
    Yes, you can make the 1099 adjustment to the vendor from NXT.


    If you open the Vendor record to view.   Find the 1099 Info Panel.  At the bottom of the panel you will see the 1099 Amounts Not Included on Invoices. 

    Just click on the plus button and it will let you add the information just as you would in FE7.


    See attachment for screenshots. 


    I hope this helps.  


    Christy



     
  • Tanya Ferguson
    Tanya Ferguson
    Sixth Anniversary Kudos 1 Name Dropper Facilitator 1
    I did see that option, but it did not appear to let me subtract adjustments, only add.  I tried typing in the number with the "-" first, and it just changed to a positive number.  In my case, there were some vendors that had expense reimbursement payments that had been incorrectly included in 1099 totals, and these needed to be removed.  Did I miss something in NXT?  Thanks!
  • Hallie Hurwitz
    Hallie Hurwitz Blackbaud Employee
    Sixth Anniversary Kudos 2 Name Dropper Participant

    Tanya Ferguson:

    I did see that option, but it did not appear to let me subtract adjustments, only add.  I tried typing in the number with the "-" first, and it just changed to a positive number.  In my case, there were some vendors that had expense reimbursement payments that had been incorrectly included in 1099 totals, and these needed to be removed.  Did I miss something in NXT?  Thanks!



    Hi Tanya - You are correct. The ability to subtract adjustments wasn't originally moved over from database view, but we have plans to implement it in NXT soon. Thanks for bringing it to our attention!

Categories