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Archive for the ‘Year-end’ Category

2013 US Payroll Tax Update Now Available (2013 Round 1)

Posted by Gloria Braunschweig on Saturday, December 22, 2012

MS Dynamics GP is moving forward with the Round 1 release even though they are still waiting on the final Circular E and the release of federal tax tables.     Changes in Round 1: FICA Employee Social Security limit $113,700 FICA Employee Social Security Rate 6.2 (remember and note: you can change this rate in the […]

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2013 Payroll Tax Update

Posted by Gloria Braunschweig on Wednesday, December 19, 2012

We’ve just tested the installation and operation of the first 2013 payroll tax update for Microsoft Dynamics® GP 2010.  Of note, for your first 2013 payroll, the User Date must be set to 1/1/2013 or later. And we found the Pay Period Date range must also be 2013 dates. Your Payroll transaction Pay Periods may […]

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Are You Prepared For Year-End?

Posted by Gloria Braunschweig on Monday, October 15, 2012

To help you navigate your year-end closing process, we are providing you with a summary of changes to Dynamics GP and helpful links.  Please be sure to seek advice from your tax accountant. Summary of Changes: U.S. Payroll Year End  for Microsoft Dynamics GP 10, GP 2010 (includes SP3), and GP 2013 (scheduled to release end of […]

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Year-end Closing Error

Posted by Gloria Braunschweig on Tuesday, February 17, 2009

Most Frequent and Difficult to Fix Year-end Closing ErrorLet the system do the work for you to avoid the most common error encountered during the general ledger year-end closing process—posting accounts set as the incorrect posting type. We utilize SmartList rather than an account listing to search for accounts with incorrect posting types. Check for […]

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