Advanced Allocations 6.0 for Dynamics GP2013 is Here!

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Advanced Allocations 6.0 is a major release for Dynamics’ best and most-widely-used allocation engine!

New features and functionality include:

• Allocated account balances (versus period amounts)
• Base allocations on any GP budget
• Base allocations on values in Microsoft Excel
• Allocate any percentage of source amounts using Allocation Factors
• Allocation details for a specific vendor or employee
• Supports variable target and base accounts, streamlining allocation setup and maintenance
• Support for Binary Stream Multi Entity Management
• Optional sequential processing mode to better support processing of multiple allocations with millions of source/base accounts
• User-definable allocation timeout setting
• Temporary/trial registration key availability

Call 866.794.1275 Ext. 101 for more information.

Click here for more info.

Microsoft Dynamics GP 10.0 Mainstream Support Ends October 9, 2012

Please see details here: http://support.microsoft.com/lifecycle/?LN=en-us&p1=12629&x=11&y=16.

If you are GP 10.0 user and have concerns about support for your product, please call us at 866.794.1275.

2011 U.S. Payroll Tax Update for Microsoft Dynamics GP 10.0 and GP 2010

Round 6 Tax Update has been released.

**Important**
-When you create your Electronic W2 filing and you have a combination of Hire Act employees and multiple companies you will need to create the Electronic W2 File separately for each company. If you create one file including all companies the Hire Act employees will not include the RO record indicating that they are a Hire Act Employee for subsequent companies. Resolved in Round 4 code Tax Update.

– The FICA/Social Security withholding changed for employees from 6.2% to 4.2% in 2011. Round 1 included the change to both the Employee and Employer portion due to Microsoft Dynamics GP calculation being based from one amount. Due to this, General Ledger posting, inquiries and reports that show FICA amounts for employers will be calculated using 4.2% for payruns that are processed with Round 1. Round 2 Tax Update includes changes to the employer portion to bring back to 6.2%. We understand the challenges you face with this: however, it was important to release with accurate employee paychecks starting January 1, 2011.

– Check Register Report – If you are finding that your Employer FICA Owed and Total Tax Liability are not correct on your Check Register reports verify that you are on Microsoft Dynamics GP Version 10.00.1701. If you are running on this version next step is to verify if you have modified the Check Register Report. If you are printing a modified Check Register you will need to either print the original canned report or delete the Modified Check Register and make your changes again.

2011 U.S. Payroll Tax Update for Microsoft Dynamics GP 10.0

The April 2011 Round 5 U.S. Payroll Tax Update has released.

**Important**
-When you create your Electronic W2 filing and you have a combination of Hire Act employees and multiple companies you will need to create the Electronic W2 File separately for each company. If you create one file including all companies the Hire Act employees will not include the RO record indicating that they are a Hire Act Employee for subsequent companies. Resolved in Round 4 code Tax Update.

– The FICA/Social Security withholding changed for employees from 6.2% to 4.2% in 2011. Round 1 included the change to both the Employee and Employer portion due to Microsoft Dynamics GP calculation being based from one amount. Due to this, General Ledger posting, inquiries and reports that show FICA amounts for employers will be calculated using 4.2% for payruns that are processed with Round 1. Round 2 Tax Update includes changes to the employer portion to bring back to 6.2%. We understand the challenges you face with this: however, it was important to release with accurate employee paychecks starting January 1, 2011.

– Check Register Report – If you are finding that your Employer FICA Owed and Total Tax Liability are not correct on your Check Register reports verify that you are on Microsoft Dynamics GP Version 10.00.1701. If you are running on this version next step is to verify if you have modified the Check Register Report. If you are printing a modified Check Register you will need to either print the original canned report or delete the Modified Check Register and make your changes again.

Microsoft Dynamics SL Payroll 941 Updates

This update contains the necessary changes to support 941 filing in tax year 2011. Changes include:

Renaming/removal of the following lines previously used by the HIRE act: 6a, 6b, 6c, 7a, 7b, 7c, 8, 10, 12c, 12d, 13
Removing line 9 for reporting advanced earned income credit (EIC) payments.

2011 U.S. Payroll Tax Update for Microsoft Dynamics GP 10.0

The March 2011 Round 4 U.S. Payroll Tax Update has released.

**Important**
-When you create your Electronic W2 filing and you have a combination of Hire Act employees and multiple companies you will need to create the Electronic W2 File separately for each company. If you create one file including all companies the Hire Act employees will not include the RO record indicating that they are a Hire Act Employee for subsequent companies. Resolved in Round 4 code Tax Update.

– The FICA/Social Security withholding changed for employees from 6.2% to 4.2% in 2011. Round 1 included the change to both the Employee and Employer portion due to Microsoft Dynamics GP calculation being based from one amount. Due to this, General Ledger posting, inquiries and reports that show FICA amounts for employers will be calculated using 4.2% for payruns that are processed with Round 1. Round 2 Tax Update includes changes to the employer portion to bring back to 6.2%. We understand the challenges you face with this: however, it was important to release with accurate employee paychecks starting January 1, 2011.

– Check Register Report – If you are finding that your Employer FICA Owed and Total Tax Liability are not correct on your Check Register reports verify that you are on Microsoft Dynamics GP Version 10.00.1701. If you are running on this version next step is to verify if you have modified the Check Register Report. If you are printing a modified Check Register you will need to either print the original canned report or delete the Modified Check Register and make your changes again.

2011 U.S. Payroll Tax Update for Microsoft Dynamics GP 10.0

**Important** When you create your Electronic W2 filing and you have a combination of Hire Act employees and multiple companies you will need to create the Electronic W2 File separately for each company. If you create one file including all companies the Hire Act employees will not include the RO record indicating that they are a Hire Act Employee for subsequent companies.

Round 3 Tax Update has released (data change)

Round 2 Tax Update for 2011 has been re-released (code change – Dynamics Version 10.00.1701). This download (MicrosoftDynamicsGP-KB2492915-V10-ENU.exe) fixes the issues below.
Check Register – When you have Direct Deposit employees the Direct Deposit Check Register will still show the incorrect amount for Employer FICA Owed. You will need to print the Reprint Check Register (Reports | Payroll | Reprint Journals) in order to show the correct Employer FICA Owed amount.
941 changes
– 941 Preparation Report will be correct through 6e. The rest will be understated.
– 941 Schedule B Preparation Report will be understated. Report is taking Employee total times 2 instead of taking Employer amount.
– Form 941 Schedule B will be understated. Report is taking Employee total times 2 instead of taking Employer amount.

Round 4 – scheduled to be released mid-March (code change)
– Oregon
– 941 changes
– Federal Tax Liabilities List 941 amount will be understated.

Important Note: The FICA/Social Security withholding changed for employees from 6.2% to 4.2% in 2011. Round 1 included the change to both the Employee and Employer portion due to Microsoft Dynamics GP calculation being based from one amount. Due to this, General Ledger posting, inquiries and reports that show FICA amounts for employers will be calculated using 4.2% for payruns that are processed with Round 1. Round 2 Tax Update includes changes to the employer portion to bring back to 6.2%. We understand the challenges you face with this: however, it was important to release with accurate employee paychecks starting January 1, 2011.

Now Available Round 2 U.S. Payroll Tax Update for Microsoft Dynamics GP

Round 2 Tax Update for 2011 has been released. Round 2 update includes a data and code change. This update requires that the Automatic Update be processed along with installing the msp file on all workstations.

Important Note: The FICA/Social Security withholding changed for employees from 6.2% to 4.2% in 2011. Round 1 included the change to both the Employee and Employer portion due to Microsoft Dynamics GP calculation being based from one amount. Due to this, General Ledger posting, inquiries and reports that show FICA amounts for employers will be calculated using 4.2% for payruns that are processed with Round 1. Round 2 Tax Update includes changes to the employer portion to bring back to 6.2%. We understand the challenges you face with this: however, it was important to release with accurate employee paychecks starting January 1, 2011.

Call us for the details at 866-794-1275 X 301 or email me cirons@admiral-west.com .