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Solomon News & Events

How to Handle the 2020 Leap Year in Dynamics SL

1/8/2020

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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.

  1. Navigate to the Fiscal Info tab in the GL Setup screen in each of your Dynamics SL/Solomon databases
  2. Confirm or update the month-end date for February to reflect 2/29
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