Have a wonderful Holiday Season!

Have a wonderful Holiday Season!

Planning for Year-End 2014 in Microsoft Dynamics GP

The Year-End Update for Microsoft Dynamics GP has been released!  Please contact Collins Computing for assistance in updating your GP environment.  Particular attention needs to be made if you have add-on products and integrations.

Be sure to update GP for changes in Payroll for ACA fields, W3 changes, EFW2 Electronic filing changes and 1099-R retirement changes.

     • Microsoft Dynamics GP 2010   *This will be the LAST year that a Year End update is available. 
     • Microsoft Dynamics GP 2013 - (This does include Microsoft Dynamics GP 2013 R2)
     • Microsoft Dynamics GP 2015  - (The Year-End Close update to release January 15 ,2015)
 
     • Note:  The Year-end/Tax Update is inclusive of all previous hot fixes, services packs and year-end downloads.

What are the target release dates?

• The 2014 Year End Update for Microsoft Dynamics GP 2010 and Microsoft Dynamics GP 2013 are now available for download. (Released on November 18, 2014.)

• The 2014 Year End Update for Microsoft Dynamics GP 2015 is targeted for January 15 release.

• The 2015 Round 1 Tax Update (tax table update only) for Microsoft Dynamics GP 2010 and Microsoft Dynamics GP 2013 will be available the week of December 19th, 2014.   This update will increase the FICA Social Security Limit to the new 2015 calendar year amount.  *NOTE: Therefore, do not install this tax update until the 2014 Year End Wage file is created and ALL pay runs for the 2014 year are completed!

• The 2015 Round 2 Tax Update will be available mid-January.

Year-End Closing NEW tips and gotchas!

Sign up for Collins' Customer Webcast this Tuesday!

 

Date: Tuesday, December 9^th Time: 10am PST - 11:00am PST

You can REGISTER HERE - Collins Customer Year-End Webcast

 

Collins Computing will explain the differences between "Year-End Updates", "Tax Updates" and "GP Upgrades".

 

We will also take users thru each module in Microsoft Dynamics GP to show the steps necessary for closing the year, PLUS give you our top 11 "Did you know" tips to prevent that additional support call.

 

Here are the tips we will explain during our webcast (along with steps to closing the year):

 

Important changes for Year-End Closing (GP 2010, GP 2013, 2013R2 & 2015)

• Smartlists to use/create for pre-check closings
• Scripts available for updating the "Amounts Since Last Close" fields
• Reversing Year-End closing is available!
• If you don't run payroll, there are AP form changes for Year-End too!
• 1099 edit options differ in each release!
• Inventory Stock Count How-To
• Add-On products to make Year-End processes quicker!
• Printing to Pdf when possible!
• Use Analytical Accounting? Be sure to setup new year-end options!
• New Fields your auditors have been waiting for!