| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Purchase (purchase) • Discuss (mail) |
| Lines of code | 1184 |
| Technical Name |
report_1099 |
| License | OPL-1 |
| Website | https://www.bistasolutions.com |
| Versions | 13.0 14.0 |
1099 Report (Odoo Enterprise)
Filing 1099 tax forms now easier!
For companies located in The United States, providing the 1099 income statement is an imperative. For most companies who rely heavily on external vendors, reporting payments to the Internal Revenue Service (IRS) as a 1099-MISC form is an extremely critical yet tedious task.
Companies need to provide this form to pay contract workers or non-employees with a payment of $600 or more. The 1099 income statement in extremely important to report tax information for their services rendered during a calendar year.
We at Bista have this process of filing the 1099-MISC forms simpler for you.
Basic Features:
Keeping in mind the criticality of your accounting needs, we have designed a module in Odoo that allows you to -
- Tag vendors as 1099 suppliers in Odoo 1099 tax form
- Manage all payments made to these vendors and even classify it by transactions.
- Identify which transactions are 1099 eligible and which ones excluded.
- Record income type by transaction
- Record federal tax classification.
- Encrypt and store Social Security Numbers (SSN) and Employer Identification Number (EIN) of your vendors securely and limit access to authorized users only..
- Export the report and print directly into the 1099 form from Odoo 1099 tax form.
- When you search for your vendors or suppliers, our module allows you to classify them by vendor 1099 configuration type using the vendor drop-down in the menu bar. At year end, you can report accumulated US 1099 payment information to the Internal Revenue Service, other tax agencies, and your suppliers, in standard format.
- Our module even allows you to search your vendors for 1099 by the start and end date of their contract.
- Currently being used by multiple Bista clients across US, our customized module enables you edit income types in a user-friendly interface or directly via reporting. With this module, you can even choose to exclude non-1099 payments from your financial reports to suit your business needs. A completely secure module, we ensure that the SSN and EIN numbers of each vendor is encrypted and protected from any data theft.
- This Odoo module aims to simplify your tax reporting tasks and tailor them according to your unique needs. We at Bista are always looking for new ways to solve your complex problems. We understand that tax filing can be a complicated process, especially when it comes to external vendors who are hired for a short term. That is why, we are here to help ease this process for you.
- If you are looking for unique solutions to your accounting needs, reach out to us and we will give you a free consultation session suggesting how you can best digitalize your business needs..
We at Bista understand how important
your finance needs are, which is
why no specific configuration is
required
to enable this feature, all you
have to do is to download it!
Reach out to us if you have
any queries.
Contact Us
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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