1099 software programs are widely available, but not all will meet your business’s needs. When hunting for a program, there are three features you’ll want to prioritize. Below, we’ve detailed these features and explained how AMS meets the related demand.
1. Quick and Easy Data Entry
1099 software programs should have data entry features that prioritize efficiency. Most businesses will need to complete dozens, if not hundreds, of 1099 forms every year. Making the process as simple as possible can save a lot of time. For example, the W-2/1099 Forms Filer from AMS includes a Common Payee File. This allows the user to select a payee across payers and 1099 forms without needing to re-type information. Payer information needs only to be entered once. Plus, users can import data from a variety of sources, including Excel and ordinary text files.
Additionally, the software itself is extremely intuitive and user-friendly. Automatically calculate selected fields, move between entry fields with Tab, Enter, and arrow keys, and define default values for certain forms.
2. Report Generation
Most 1099 software tools focus on data entry and distribution. Few allow users to generate important reports. When researching options, prioritize tools that include a variety of reports. For example, our W-2/1099 Forms Filer prints tables and worksheet reports, along with recipient lists, mailing labels, and client lists. Users can also create encrypted PDF files to email sensitive information directly from the software itself. Additionally, the included Table Report generates hash totals of social security numbers and taxpayer identification numbers. This allows users to check for data entry accuracy.
3. Filing and Distribution Support
The best 1099 software programs offer integrated or auxiliary options for filing, printing, and distributing forms. The 1099 form is unique in that employers must send specific copies to various places. One version of the form, Copy A, must be printed with particular ink in order to prevent duplication. If your business is already filling out ninety-nine 1099 forms, you’ll need to produce five separate versions come tax season. This makes filing and distribution support essential in a software tool.
Advanced Micro Solutions offers various filing and printing options through the E-file Services module. Plus, users can print on pre-printed forms directly from the W-2/1099 Forms Filer platform. These can be generated with the addition of the Software Generated Forms module.
Choose AMS for Your 1099 Software Needs
If you’re researching 1099 software programs, Advanced Micro Solutions is an excellent option. Our software tools are secure, affordable, and easy to use. The disc-based W-2/1099 Forms Filer is our base software tool. This platform automatically saves data when a new record or form is accessed. This ensures any edited data is stored immediately, reducing the risk of losing work.
If your needs expand beyond those a 1099 software can address, we have a solution. AMS offers a catalogue of add-on software modules. This allows users to create a customized accounting platform without the cost of a personalized product. Whether you want to add payroll, software form generation, electronic filing, or more to your arsenal, we can help. Try our free demo today to see for yourself.