Sage 100 ERP 2013 Product Update 5 (5.00.5.0) - Accounts Payable

Accounts Payable

1. Vendor Maintenance no longer displays Yes for Checks that have not been cleared in Bank Reconciliation when updating ACH Checks and Checks in the same update.
2. New Box 11 and Box 12 have been added for 2013 1099-MISC reporting.
3. The 1099-MISC form has been modified to accommodate the correct placement of information based on the 2013 Publication 1220. Also for form 1099-MISC, new Box 11 11 Foreign tax paid and Box 12 Foreign country or U.S. possession have been added to the form.
4. The 1099-INT form has been modified to print 2 per page and to accommodate the correct placement of information based on the 2013 Publication 1220.
5. New 1099-MISC boxes for 2013 have been added to Form 1099 eFiling and Reporting.