Dynamics GP Year-End 2022 Considerations for U.S. Clients

By Jason Buckingham | November 4, 2022

The 2022 U.S. Year-End update for Microsoft Dynamics GP will be released later this month.

A list of changes in the update is below. Microsoft recommends customers install this update based on the required year-end changes and quality report fixes below:

  1. 1099-INT, 1099-DIV, 1099-MISC, 1099-NEC, 1099-R, and 1096 Summary
    Add the year to dynamically print on the form (IRS removed this from the pre-printed form)
    1099-MISC - The account number has moved down a box, FACTA filing has moved over, and 2nd TIN has moved down a box
  2. Fixed Assets - luxury auto depreciation changes
  3. There are NO Payroll changes (W2, W3, EFW2) - (ACA form still pending)

Throughout November and December, Microsoft will release a series of blogs to break down the individual aspects of your year-end close. The first blog will be released on Nov. 8, 2022. View Microsoft Dynamics GP Year-End close blogs here.

Let Stoneridge Help You with Your Dynamics GP Year-End

Over 100 Dynamics GP clients schedule their year-end close with Stoneridge Software every year. We can help you make sense of all of the aspects of your close and help you complete it.

Please fill out this survey to book your Year-End Close with Stoneridge Software

Please note this service is on a first-come, first-serve basis. The earlier you book, the more likely you are to get your desired date and time.

Questions?

Please reach out to us! We have a dedicated team of Dynamics GP experts ready to help you.

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