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Intelligent Technologies, Inc.

Get a Head Start on 2019 Dynamics GP Year End Close


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It’s hard to believe, but it’s almost that time of year again. Between closing your books for the year, holiday parties, shopping for gifts and everything else your calendar is already filling up with, the next couple months are some of the most stressful for many of us. One way to help alleviate some of the pressure is to try to mark things off your to do list a little early.So, in that spirit, if you’re ready to start working on your 2019 Dynamics GP year end close, Microsoft has begun releasing some of the instructions you will need, specifically the payroll, general ledger, fixed assets and W-2 instructions. Find them below.

Other Important Points to Keep in Mind as You Begin Your 2019 Dynamics GP Year End Close

  1. This year is the last year that the text table updates will be made available for GP 2015. Mainstream support for Dynamics GP 2015 ends in April of next year. If you are still running GP 2015, now is the time to begin planning your upgrade and discussing it with your Dynamics GP partner. Need a partner? Looking for a better fit? See why Dynamics GP users all over the country count on Intelligent Technologies, Inc. to help them manage this most critical business system.
  2. There are no changes with how ACA reporting is handled this year compared to last. However, there were big changes with regards to W-4’s. Make sure to consult the instructions I’ve included above on W-4’s before working with them.
  3. Once you install the 2019 Year-End Update for GP 2018, you will be on the Modern Lifecycle.

 

We hope these resources will help you successfully begin your 2019 Dynamics GP year end close and help you mark something off your growing holiday to do list. Looking for more in-depth year end close instructions? Stay tuned for our next blog. Our experts are busy working on a 2019 Dynamics GP year end close guide to walk you through the process step-by-step.

Need the assistance of a Dynamics GP expert to close out your 2019 books, contact us ASAP. The sooner you reserve your spot on our schedule the better. Send us an email or call (336) 315-3935.

 

By: Laura Schomaker, Intelligent Technologies Inc., a South Carolina Microsoft partner

www.inteltech.com

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