Dynamics SL 2017 Year-End Reporting Tips & Hints

Updated 2/2/18 to include January 2018 Payroll Tax Table updates*

Year-end reporting issues in Dynamics SL tend to resurface every January. We've put together a summary of a few common issues/questions our support team receives, pertaining to tax year 2017 government tax filing and 2018 payroll tax withholding.

Payroll

If you are using the Payroll module in Dynamics SL:

• you NEED to install the year end updates or your W2 file will error when you submit it to the government

December Tax Table Updates

The tax table updates can be accessed here: 
​https://mbs.microsoft.com/customersource/northamerica/SL/downloads/tax-regulatory-updates/MDSLDec2017PayrollTaxUpdates

The updates contain the following:

• District of Columbia - Effective January 1, 2018
• South Carolina – Effective January 1, 2018
• New York – Effective January 1, 2018
• Minnesota – Effective January 1, 2018
• Maine – Effective January 1, 2018
• Illinois – Effective January 1, 2018
• California – Effective January 1, 2018

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.

Update: January 2018 Payroll Tax Tables are now available on Customer Source: 
https://mbs.microsoft.com/customersource/northamerica/SL/downloads/tax-regulatory-updates/mdsljan2018payrolltaxupdates

Accounts Payable

If you are using the Accounts Payable module, the main takeaway is:

If you need to run the 1099 history rebuild, it won’t work in 2015 unless you install the year-end updates. The 1099 history rebuild was broken in SL 2015.

​The year-end updates should fix this for 2015 CU1, even though it doesn’t appear to be documented anywhere.

Year-End Updates

The Dynamics SL 2017 year-end updates can be accessed here:
https://mbs.microsoft.com/customersource/northamerica/SL/downloads/tax-regulatory-updates/msdl2017yearendupdates

​Note: No changes were made to 1099s, but there was a change made to the W2 electronic file to handle box 12 letter FF.

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Reduce the stress that comes with year-end reporting.

For more information or to request assistance on these issues, contact Ruth Ann Ellerbrock at [email protected] or 419-581-2833. We are ready to help!