Microsoft Dynamics SL 2016 Year-End Closing Tips

Solomon Cloud Solutions, a sister company of Beyond Software and Six Disciplines brings you tips to make your clients’ year-end closing go more smoothly.

Various Closing Checklists:
GL Year End Closing Checklist - https://mbs2.microsoft.com/Knowledgebase/kbdisplay.aspx?scid=kb,en-us,868896
AP Year End Closing Checklist - https://mbs2.microsoft.com/Knowledgebase/kbdisplay.aspx?scid=kb,en-us,849090
1099 Year End Checklist - https://mbs2.microsoft.com/Knowledgebase/kbdisplay.aspx?scid=kb,en-us,871496
AR Year End Closing Checklist - https://mbs2.microsoft.com/Knowledgebase/kbdisplay.aspx?scid=kb,en-us,849089
Payroll Year End Closing Checklist - https://mbs2.microsoft.com/Knowledgebase/kbdisplay.aspx?scid=kb,en-us,847720

Project Series Closing Errors and Resolutions:
Various errors & resolutions during closing - https://mbs2.microsoft.com/Knowledgebase/kbdisplay.aspx?scid=kb,en-us,933076
Unposted Timecards error during closing - https://mbs2.microsoft.com/Knowledgebase/kbdisplay.aspx?scid=kb,en-us,933079
Unposted Allocations during closing - https://support.microsoft.com/en-us/kb/933082

Other Troubleshooting:
Balancing AP to GL - https://support.microsoft.com/en-us/kb/888149

Downloads for Tax Tables and Year End Updates:             
Year End Updates - https://mbs.microsoft.com/customersource/northamerica/SL/downloads/tax-regulatory-updates/msdl2015yearendupdates
December 2015 Payroll Tax Table Updates - https://mbs.microsoft.com/partnersource/northamerica/deployment/downloads/tax-regulatory-updates/msdsldec2015taxpayroll

Since 2016 is a leap year, and February 29th falls on a Monday, consider changing the Period 2 ending date on the Fiscal Info tab in GL Setup (01.950.00). If you do change it, make sure to change it back to 2/28 when you close FY 2016, as it will cause problems if it is set to 2/29 in 2017.
 
Is your staff overworked during this busy season? Contact us at [email protected] to see how we can help.

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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. 
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