56298

Why are last year's 1099 amounts printing on the current year 1099s?

Cause:

The 1099 Initialization utility was not run before generating the 1099 work file for the 1099 Form Processing.

Resolution:

1. Confirm that all current year Accounts Payable payments are processed and posted.
2. Go to Utilities > 1099 Initialization 
3. Note the Most recent 1099 initialization run date.  If the 1099 initialization has not been recently run in the last year, after making a backup, click Initialize
4. Go back to Accounting > Accounts Payable > Form 1099 Processing
5. Verify that the correct 1099 year has been chosen
6. Click Generate Work File