How to Quickly Update Vouchers for 1099 Processing without Opening a Prior G/L Period

Question: Is there an easy way to update individual vouchers for 1099 processing using the A/P Method without having to reopen a G/L period?

Answer:  Yes, using the new Voucher 1099 Information Update program (P04125) that is available beginning with the 2011 1099 Year End Software Update. This program allows you to inquire on a voucher and update the Flag for 1099 (TNN) and 1099 Reporting (AC07) fields on paid vouchers regardless of the G/L date. You can access this program from the 1099 Annual Processing menu (G0422).  Starting with release A9.3, you can access this program directly from Supplier Ledger Inquiry (P042003), which makes the process even more expeditious and provides yet another incentive for upgrading