Business Central version 27 includes a new 1099 process that now includes e-file and emailing your 1099s. Below, we walk you through the full 1099 process, from the fields that must be filled out on the vendor form, setting up the IRS reporting period, propagating 1099s, making adjustments, and finally sending the forms to the IRS and vendors. Tune in for this walkthrough of the (new!) once-a-year process so you’re prepared to get your 1099s submitted before the January 31 deadline!

Many organizations’ fiscal year-end doesn’t match up with the calendar year-end. In fact, June 30 is a pretty common fiscal year-end. So if you’re in this boat, here’s your closing procedures refresher for Business Central/NAV, plus a handful of useful resources to get you started on your close.