Calendar Year 2020 is a Leap Year - Remember to update the February Period in GL Setup
Because the calendar year 2020 is a leap year, you'll need to verify the February period is updated to reflect 2/29 as the last day of the month.
How to update the February period in GL Setup:
If you have a Fiscal Year-End (June 30th, September 30th, etc.), you are likely already in F/Y 2020. If you have a Calendar Year-End December 31st, you will soon be closing F/Y 2019 (if you haven't already) and rolling into F/Y 2020.
For Calendar-Year databases, please do this AFTER you close F/Y 2019.
For any questions about this post or anything Dynamics SL & Solomon Software related, get in touch with us!
Are you experiencing year-end reporting issues? Our Dynamics SL support team has put together a summary of a few common issues & questions that tend to resurface this time of year pertaining to tax year 2018 government tax filing and 2018 payroll tax withholding.
Access December Tax Table Updates
The tax table updates can be accessed here:
The updates contain the following revisions:
When will the January tax table updates be released?
Microsoft is expected to release them in mid-to-late January and this update should contain all the recent federal withholding changes.
If you are using the Accounts Payable module, the main takeaway is:
The year-end updates should fix this for 2015 CU1, even though it doesn’t appear to be documented anywhere.
Access Year-End Updates
The Dynamics SL 2018 year-end updates can be accessed here:
How can we help?
For more information or to request assistance on these issues, contact Ruth Ann Ellerbrock at firstname.lastname@example.org or (419) 581-2833.
Are you a Dynamics SL customer? If you are, chances are that you’ll need to print checks in SL in 2019.
Before attempting to print checks in 2019, remember to purge the 2017 year so that 2018 will become “current” and 2019 will be the “next” 1099 Year.
How to purge oldest year in Dynamics SL
From within the Accounts Payable (AP) module in SL, open the 1099 Calendar Year Control screen. If the “current” year value is 2017, then it needs to be purged.
As the screen notes, ‘the purge option should only be used after final printing of the 1099 forms for the oldest year displayed on this screen has been completed…it is recommended that backup copies of your database be made immediately prior to this process.’
Once you are ready to purge, click ‘Begin Processing’.
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Solomon Cloud Solutions, a sister company of Beyond Software and Six Disciplines, announces the availability of a NEW web apps enhancement release for the Microsoft Dynamics SL 2015 product. With this release users will be able to enter data in grid and form view in the following screens: Timecard Entry, Expense Entry, Payroll Time Entry, and Advanced Payroll Time Entry.
Additional enhancements in this release include:
These enhancements and more are available for partners and customers to download here.
Solomon Cloud Solutions is a software publisher and consulting organization that provides development and consulting services to partners. Solomon Cloud Solutions was formed specifically to develop a complete cloud platform to accelerate development and deployment of their cloud based business solutions across their family of companies and their business partners. The Solomon Cloud Solutions companies operate under the brand names of Six Disciplines - publisher of performance management software, methodology and coaching and Beyond Software - publisher of project accounting software and are owned by Gary Harpst, Vernon Strong and Jack Ridge.