ATTENTION ONLINE CREDIT UNIONS
Monday, December 7
1:00 PM – 1:30 PM PT
This Month’s Focus
Year-End Reminders for December
Join Stephanie Raven, Team Lead with Client Services and Education, for a review of Year-End tasks. Topics discussed will include:
- Verify Equity Loan categories to ensure proper 1098 reporting
- Verify Share and Certificate configurations to ensure proper 1099-INT reporting; check settings on the credit union account
- Verify Accounts Payable Vendor settings to ensure proper 1099-MISC reporting
- Order special envelopes for Auditor member account verification mailing (if necessary)
- Clear statement messages for December statements (if using substitute 1099-INTs)
- Modify statement messages/instructions
- Modify December e-statement notification message (if using substitute 1099-INTs)
- Enter mortgage points paid and other 1098 data into the Tax File
- Statement inserts due
