Prepare now to end this year smoothly and jump-start a successful new year. As the calendar year draws to a close, your business is no doubt preparing for a rush of year-end activities. Use these resources to help you with your Microsoft Dynamics GP (Great Plains) Year End Close. If you need professional support from CAL Business Solutions visit Dynamics GP Support.
Resources for Download
Year-end closing procedures for Receivables Management in Microsoft Dynamics GPThis article contains checklists for the year-end closing process in Receivables Management in Microsoft Dynamics GP. It also contains detailed information for each step in the year-end closing process, and, how to add the year-to-date finance charge information to customer statements for December and for January.
Year-end closing procedures for the Fixed Asset Management module in Microsoft Dynamics GPThis document outlines the recommended year-end closing procedures for Fixed Asset Management in Microsoft Dynamics. It includes a checklist of the steps that you must follow to complete these procedures. The “More information” section contains detailed information about each step. A series of frequently asked questions (FAQ) follows the description of the procedures.
Year-end closing procedures for General Ledger in Microsoft Dynamics GPThis article outlines the recommended year-end closing procedures for Microsoft Dynamics GP. It contains a checklist of the steps in the procedure, detailed information for each step, and a series of frequently asked questions.
Microsoft Dynamics GP FICA Social Security Tax Rate UpdateAs of January 1, 2011, the ’employee’ taxation rate for FICA SS will be 4.2 percent (previously 6.2%). The ’employer’ rate is still 6.2 percent. Unfortunately, all versions of Microsoft Dynamics GP can currently store only one rate for both employees and employers… Thus, the calculated 941 deposit and GL entry will be wrong.