Microsoft Dynamics GP Year End – It’s That Time Again!

By Autumn Harris

With the end of the calendar year approaching, the Microsoft Dynamics GP team is preparing for 2016 year-end updates that will be required for W2’s or 1099’s. If you would like to schedule year-end payroll or 1099 assistance with KES, please contact Autumn Harris, KES Client Account Manager at . With year-end being a busy time, please let us know as soon as possible if you will need assistance so that we can reserve the time for you.

Please note the 2016 year-end update will be an all-inclusive update and includes all prior service packs and hot fixes for each version. Microsoft will not be releasing an update for GP 2010 and prior versions. Due to the forms not being available, KES will only be able to provide limited support in this case.

The 2016 Year-End Update Pending Changes for GP 2013, GP 2015 and GP 2016:

  • No W-2 or W-3 form changes
  • No EFW2 changes (Electronic Filing, now due 1/31)
  • Product Quality Fixes around Payroll Year-End
  • Affordable Care Act Updates
  • 1099-INT – form change (Box 12)
  • Payables 1096 form change
  • Fixed Asset Luxury Auto Depreciation changes (Path Act)

Please see the links below to the closing guides for the following GP modules:

General Ledger

Analytical Accounting

Fixed Assets

Payables Management

U.S. Payroll

Receivables Management

Inventory: To be released November 15
Inventory

Additional blog posts that may be helpful:

W-2 Tidbits to meet the January 31 deadline

Electronic W-2 (EFW2) for a successful filing

Affordable Care Act (ACA)

Where can I download the 2016 year-end update?

Click here for U.S. Payroll Year-End Update for Microsoft Dynamics GP 2016 (includes R2)
Click here for U.S. Payroll Year-End Update for Microsoft Dynamics GP 2015
Click here for U.S. Payroll Year-End Update for Microsoft Dynamics GP 2013

Please CLICK HERE to find additional information on the Microsoft Dynamics GP 2016 Year-End Blog Series

We hope the information above will help you have a successful year end!