There is affordable 1099 software that makes sense for accounting firms and small businesses. An accounting firm with limited resources and finite clients should still have all of the tools that they need to make 1099 reporting and filing easier. Get a customizable 1099 and W-2 program to access multiple reporting features as your clients need them. There is no need for firms with a budget to purchase unnecessary bells and whistles. Small firms may not need everything that larger ones want or need, which is where Advanced Micro Solutions can help.
AMS’ base W-2/1099 Forms Filer program enables accountants to purchase reasonably priced software while getting exactly what they need. Avoid subscription fees or fees for tiers with our modular suite of tools. We support accountants and small businesses throughout all 50 states, plus the District of Columbia and Puerto Rico.
What Tools Should Accountants Look for in Affordable 1099 Software?
Getting affordable software tools is important whether you manage 1099s for five clients or 50 clients. Look for foundational 1099 software features, such as:
Strong Customer Support – Speak with a 1099 vendor about what their software’s support will look like for you. Ask if their support team will include live experts. The best support has multiple resources, including Frequently Asked Questions on their website and even tutorials with insight into the program.
Usability – No one wants to get 1099 software that creates additional work for them. Look for a 1099 system that prioritizes compliance and does not come with a steep learning curve. Despite accountants already having in-depth knowledge, affordable 1099 software should streamline the way that you keep track of federal, state, and local regulations for clients.
Comprehensive Security – Large and small clients expect top-of-the-line security and privacy for their data. Accountants know that they are tasked with these duties and 1099 software is a trusted way to ensure the utmost data protection. Regularly update your 1099 system for total security optimization. An affordable program can be comprehensive, but security features will not fully work if the 1099 system is out-of-date.
Scalability – Accounting firms may take on new clients randomly or at specific times during the year. Speak with any colleagues or determine how much of a scalable system you will need. An affordable 1099 software program should have a capacity range that makes sense for your firm.
When Accounting Firms Need a New 1099 Program
There may be signs when it is time for your accounting firm to invest in a new 1099 system. The reasons may vary based on a firm’s size, but some common ones are:
The current software system leads to more stress than solutions. Data entry should not be an arduous, repetitive task. The wrong software makes filing 1099 reports much more repetitive for accountants than is necessary. Get a comprehensive 1099 software program that prioritizes automation. Use tools, like a Common Payee File, in your affordable 1099 software to reduce the risk of typing in the same information more than once and making errors.
The firm is unorganized with its clients’ paperwork. Software should allow your accounting firm to know where any paperwork is at all times. Filing cabinets may already be a thing of the past, but not all software is intuitive. Find a system with practical storage options. Make sure that your system supports your firm’s size and is scalable with it.
Too much money is being spent on the current 1099 program. Affordable software does not need to be out of reach. Consider the tools that a client needs and ones that will make handling your clients easier on your firm. Extra bells and whistles may be nice, but it may be too costly or unnecessary for a small accounting firm.
There are new tools or features that you need for when you file. Customization is a great feature in a 1099 program. Getting the key features that you need when you need them lets a firm grow and spend at its own pace.
Get Started with AMS Software
Affordable 1099 software should and can be an option for smaller accounting firms. Download our free 1099-etc Demo software today and see how 1099 management is possible across all 50 states, plus the District of Columbia and Puerto Rico. Import client data from a multitude of sources like Excel, form print files, and ordinary text files. Save data automatically when you access a new client record or form. Payer backup and restore features will help to reduce the likelihood of your firm losing data.