On January 8, one of our Njevity team members, Paige Horne, discovered an issue with the tax tables for the new W-4 Higher Withholding filing statuses. In the current release, the Standard Deduction is reducing the taxable wages before the tax tables are applied for the Higher Withholding filing statuses. The Standard Deduction is actually already factored into the tax tables, so no further deductions should be needed. Currently, Federal withholding is calculating much lower for those filing statuses due to the lower taxable wages. We have reached out to Microsoft who confirmed with the IRS that a changed needs [...]
Need to close our Year End in Dynamics GP for 2019? If you missed our End-of-Year Webinar and the details about how to successfully close out 2019, don't worry! We have it recorded and available for you. Watch the webcast here in the Ask the Experts dropdown of the Events page. And don't forget the Year End Checklist. Looking to move to the cloud in 2019?
It is the time of year for Microsoft Dynamics GP customers that use the Payroll module to start planning for year-end closing and new year setups. The first step in that process is to download and install the YE update/service pack. The update was released November 18th, so it can be installed anytime between now and year end if it is done before you run your year end wage file. I recommend installing it earlier in the month if possible, so it doesn’t compete with vacations and the year end crunch time. Installing the update requires that everyone is out of GP and will likely take anywhere from 1 hour [...]
The end-time is near for Windows 7 and Windows Server 2008/R2. If you are still running these operating systems, what does this really mean and how will it impact you? The Cutoff Date The first important thing to know is your official end date is January 14thof 2020. As of January 14th, Microsoft will no longer provide updates for your system. What does it mean? Essentially, your system will no longer be updated with the latest bug patches, security necessities, technical support, and general functionality enhancements. To break it down, you will no longer be protected against the latest cyber [...]
At Njevity, we believe in making a difference in our community and in improving the life and success of our partners and customers. We provide exceptional business application experiences that simplify, inform and delight. It’s why we created PowerGP Online. It’s why we have data experts, security experts and GP experts, among other talents. At Njevity, you will get the opportunity to work with the product you know and love, Dynamics GP. At Njevity, you will get to work with partners and customers. At Njevity, you get to collaborate with a team that values Caring, Courage, Commitment, Community and Curiosity. [...]
There was recently an unannounced correction to the Microsoft Dynamics GP 2019 South Carolina withholding tax. I am not sure if the error was discovered and corrected with the Round 2 or the Round 3 payroll tax update release; I can just tell you that I discovered it with the Round 3 tax update. A client contacted me asking why their South Carolina’s withholding tax jumped after installing the Round 3 update. This was a particular surprise because South Carolina was not one of the states listed on the update as having been included. The last announced update affecting South Carolina was the original 2019 Round 1 payroll tax update that all users install after [...]