Microsoft Dynamics GP - 2022 Year-End Blog Series Schedule!!

Back by popular demand we have the Microsoft Dynamics GP 2022 Year-End Blog series.

The 2022 US Year-End update has RELEASED!!

We release this update in November to ensure you have plenty of time to install prior to year-end. In Support, we are often asked if it is OK to install the Year-End Update even though 2022 payrolls are not completely processed. The answer to that is YES YOU CAN! We release the update early so you have plenty of time to install it!

This update is all inclusive of prior updates for Microsoft Dynamics GP. This means it will include 18.2, 18.3, 18.4, and yep you guessed it, 18.5.

As always, we want to make it as easy as possible for you! The Microsoft Dynamics GP Support Team will be publishing blog articles with year-end closing information to assist you with planning for a smooth year-end close. These articles include general questions about year-end processes for that module, and any changes that may affect your Year-End processes for the 2022 year.

***There is no 2022 year-end update for Microsoft Dynamics GP 2016***

2022 Year-End Changes in Summary:

1. 1099-INT, 1099-DIV, 1099-MISC, 1099-NEC
Add the year to dynamically print on the form (IRS removed this from the pre-printed form)
1099-MISC & 1099-DIV - Account number has moved down a box, FACTA filing has moved over, and 2^nd TIN has moved down a box 

2.  Fixed Assets - luxury auto depreciation changes

3. 1095-C Employee ACA form has instructional changes only (back page)

3. There are NO Payroll changes (W2, W3, EFW2) 

Below is the schedule of upcoming blog posts that I know will be useful to you:

As each blog releases, we’ll add the link to this page, so stay tune

November 15- Payables Management FORM changes
November 16- General Ledger
November 17 - W-2 and W-3 information, common questions and answer
November 21- Electronic W-2 (EFW2) for a successful filing
November 22- Fixed Assets
November 23 - Payables Management
November 29 - U.S. Payroll
November 30 - Inventory
December 1 - Analytical Accounting
December 6 - Receivables Management
December 7 - Affordable Care Act (ACA)
December 8 - Canadian Payroll

As each blog releases, we’ll add the link to this page, so keep an eye on this schedule page for each blog as it releases, so you will have all the information needed for a successful 2022 year-end in Microsoft Dynamics GP.  

The 2022 Canadian Payroll Year-End Update is targeted to release in mid/late December 2022.
- No T4 or T4A form changes.
- No T4 or T4A XML changes
- RL1 form and XML changes for Quebec

Where can I download the 2022 Year-End Update from?       Microsoft Dynamics GP Service Packs

Note: The Year-End Update will be an all-inclusive update and includes all prior service packs, hot fixes, etc.
For Microsoft Dynamics GP customers if you install the 2022 year-end update, you will have all the features noted in the October 2022 release.

Where can I find documentation and other resources for Microsoft Dynamics GP in general?

Have you heard about Microsoft Dynamics GP Directory? The Microsoft Dynamics GP Directory is a one-stop shop for what you are looking for around Microsoft Dynamics GP. It provides a consolidated view of relevant documentation, videos, solutions to known issues, new features, blog links, installation guides, Hot Topics, community sites, and much, much more.... Be sure to check it out!

Dynamics GP Learning is the headquarters for all your Dynamics GP Documentation needs. We continually add new information on the site. This is your go to source to learn about new features or maybe you have a new user in your company that needs to learn the product. Microsoft is gradually working our way through converting the legacy manuals. We believe in the strength of the Dynamics GP community, and we welcome additional contributions. The future is online for the Dynamics GP content because it's easier to maintain.

I hope the information above will help you to have a smooth and successful year end!

Thanks

Terry Heley

Microsoft