Vista 2020 R1.03
Release notes for the Vista R1.03 service pack.
This release contains contains an update script for 1099-NEC, as well as defect fixes that apply to all geographies.
New 1099-NEC Update Script
Effective January 2021, the IRS will no longer accept 1099-MISC forms for reporting non-employee compensation (Box 7). Instead, the IRS is requiring the new form 1099-NEC (Box 1).
Due to this change, this release adds an update script (accessed via the AP 1099 Processing Menu form) that you can run to update the system with the new 1099-NEC type, as well as update all applicable vendors, invoices, payments, and 1099 box totals. You can run the update multiple times if needed; it will not affect previously updated records.
For more information about running the update, see Update 1099-NEC.
Organization ID Added to VA Site Settings
The VA Site Settings form now has a new Organization ID field. The system updates this field with the organization ID specified during installation of Vista. Although you should not need to change this value, this field is editable to allow correcting or updating the ID as needed.
Vista will use this unique identifier to track the speed and stability of your Vista environment to ensure that your solution is consistently performing at peak efficiency.
For a list of defects fixed in this version, go to the Viewpoint Customer Portal, and then . Select the Issues tab, enter your product, and then in the Fixed In Version field, select this version.