United States local functionality

The following articles describe local functionality that is unique to the United States version of Business Central.

Feature availability

• Tax

  • Basic Tax Setup Available Now
  • Reporting Sales Tax in the US Available Now
  • IRS 1099 Forms Overview Available Now (24.0)
    • IRS 1099 Forms Setup Available Now (24.0)
    • Using of IRS 1099 Forms Available Now (24.0)
    • Submitting and Reporting of IRS 1099 Forms Available Now (24.0)
  • Set Up and Use the IRS 1099 Form Available Now - Planned for Obsoletion
  • Regulatory 1099 Format Changes and Details Available Now - Planned for Obsoletion
  • Set Up and Use the IRS 1096 Form Available Now
  • Set Up Use Tax and Purchase Tax Available Now
  • Set Up Unrealized Sales Tax and Sales Payment Discounts Available Now

• Banking & Payments

  • Create Deposits Available Now
  • Reconcile Bank Accounts Available Now
  • Make Electronic Payments Available Now

• General

  • Print Troubleshooting Reports Available Now

Note

If you have customers in Europe, please note that you cannot report VAT to European authorities in the US version of Business Central. You may want to work with a consultant to add the capability to your environment based on the specific countries/regions that you ship to.

Future legislation requirements being investigated

• New IRS 1099 functionality integrated with IRS via IRIS - Planned before 2024 release wave 2
• EFT improvements - Planned for 2024 release wave 2
• Tax improvements - Planned for 2024 release wave 2
• Enabling E-Document in the US market - Planned for 2024 release wave 1

If you're aware of any upcoming regulatory features, submit a Regulatory Feature Alert.

See also

Work with Business Central
Country/regional availability and supported languages

Start a free trial!

Find free e-learning modules for Business Central here