Sovos + NetSuite: Solve 1099 Reporting for Good

Solve 1099 Reporting Now

NetSuite is discontinuing its 1099 reporting capability and recommends Sovos as your future vendor.

As of NetSuite version 18.2, NetSuite will no longer support 1099 reporting functionality for tax year 2018 and beyond due to constant changes in regulatory requirements.

But NetSuite customers don’t need to panic. Fortunately, tracking and automating regulatory updates, as well as facilitating 1099 reporting efficiently and securely, is exactly what Sovos has done for years.

Knowing Sovos’ expertise in 1099 reporting, NetSuite recommends that customers use Sovos as their 1099 reporting solution. Sovos has created a bundle within NetSuite that offers integrated 1099 reporting capabilities.

Interested to know more about Sovos Tax Information Reporting solutions for NetSuite?

Read our solution datasheet

netsuite 1099 reporting

Who is Sovos?

 

Sovos is the largest and most experienced private filer of 1099 forms filed to the IRS, with more than three decades of reporting experience. NetSuite’s longest-trusted tax partner, Sovos has 4,500 clients worldwide and is trusted by all of the “big four” accounting firms.

Sovos provides a seamless 1099 reporting transition by:

  • Leading the industry with 100% successful client transitions

  • Providing easy-to-use solutions to keep current processes streamlined

  • Mitigating risk and decreasing penalties through additional validations

What can Sovos do for you?



  • Instill peace of mind through a successful transition in 1099 reporting vendors

  • Relieve stress by staying on top of regulatory changes so you don’t have to

  • Streamline compliance-related tasks, bringing greater operational control and efficiency, and reduced costs

  • Reduce risk by enabling your organization to move more nimbly in reaction to regulatory change

  • Take control of compliance, freeing AP professionals from unwanted tasks and allowing them to play a more strategic role in their organization

How can NetSuite customers acquire Sovos 1099 reporting capabilities?