As the year comes to an end, it’s important to make plans for your Dynamics GP year-end close. Microsoft is slated to release the Dynamics GP year-end update in mid-November. There will be no W-2, W-4, or W-3 form changes. There will be minor changes to payables forms 1099-DIV, 1096 and Payroll 1099-R. Subscribe to our blog to be the first to know when the update is available.
All Dynamics GP users that are current on their annual enhancement fee receive the year-end and tax updates at no additional charge. Updated tax tables can be downloaded directly through GP by navigating to:
- GP Menu
- US Payroll Updates
- Check for Tax Update
From there, the automatic option downloads the current tax table update.
Check out these Year-End Close Resources for Microsoft GP
- Microsoft Dynamics GP Year-End Payroll Checklist
- Tips for Closing Year-End in Dynamics GP
- Year-End Blog Series from Microsoft
Not Sure How to Close Year-End?
Stoneridge Software offers several different services for year-end close assistance.
Register to attend an upcoming training session to learn all the steps for year-end close. Space is limited and fills to capacity quickly, so register as soon as possible to secure your spot. All sessions are held online.
Additionally, if you are a Stoneridge Software client we can complete your year-end close for you. For clients who would like to take advantage of this service, please fill out the Year End Close Form, and email it to GPsupport@stoneridgesoftware.com. Availability is limited – contact us as soon as possible.
If you are interested in these services but aren’t a Stoneridge Software GP client fill out the contact us form and we’ll be in touch with you!