Overview

This FREE webinar offers attendees essential guidance on preparing and processing IRS Form 1099s within Deltek Costpoint for year-end. The session will cover how to review and update vendor data, apply best practices for creating and correcting forms, and verify information for accuracy and compliance. Attendees will also learn how to identify and resolve common processing issues to ensure a smooth and efficient year-end close and successful submission of 1099 forms.

Learning Objectives

At the completion of this one-hour webinar, participants will be able to:

  • Understand the requirements for and differences between types of IRS Form 1099s.
  • Understand the best practice steps and processes associated with preparing IRS Form 1099s for the fiscal year.
  • Understand the common potential issues and solutions encountered during preparing IRS Forms in Deltek Costpoint.

Program Content

During the webinar, participants will learn:
  • Requirements for and differences between the types of IRS Form 1099s.
  • Steps for preparing vendors in Deltek Costpoint for the IRS Form 1099 year-end processing.
  • Step-by-step best practices for preparing, reviewing, and creating IRS Form 1099s in Deltek Costpoint.
  • Step-by-step procedures for correcting IRS Form 1099s in Deltek Costpoint.
  • The important areas, settings, and reports to review during the IRS Form 1099 fiscal year-end process in Deltek Costpoint.
  • Common questions and issues encountered during the creation of IRS Form 1099s, and potential solutions for those issues.

About Redstone GCI

RGCI enables contractors doing business with the U.S. government to comply with the complex and challenging procurement regulatory provisions and contract requirements by providing superior cost, pricing, accounting, and contracts administration consulting expertise to clients expeditiously, efficiently, and within customer expectations. Our consulting expertise and experience is unparalleled in understanding unique challenges of government contractors, our operating procedures are crafted and monitored to ensure rock-solid compliance, and our company’s charter and implementing policies are designed to continuously meet needs of clients while fostering a long-term partnership with each client through pro-active communication with our clients.

For more information, contact:

Lori Beth Moses, 
lmoses@RedstoneGCI.com
256-704-9811

Redstone Government Consulting, Inc.
501 Madison Street SE, Suite 100
Huntsville, AL  35801
Website: www.redstonegci.com