Microsoft Dynamics GP Year-End Update 2020
It’s that time of the year again where Microsoft releases their year-end updates for Microsoft GP. Current target release date is November 20th, 2020, and will be available for versions GP 2016, GP 2018 and GP 18.3. Those on GP 2010, GP 2013 or GP 2015 will not have access to the year-end update and will need to upgrade to a more current version of GP for the updates to be applied.
2020 GP Year-End Updates Planned:
1. Payables NEC (Non-Employee Compensation for 1099) and 1099-MISC changes
2. Payroll Wages for FFCRA report on W2 Box 14
3. 2020 Payroll 941 format changes
4. ACA form and instruction changes
5. Payables 1096 form changes
6. Fixed Assets – luxury auto depreciation changes
Don’t wait! Schedule your update now before the January 31st, 2021 deadline.
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