Download GP 2010 Payroll Tax Round 2!

It’s finally here for real – GP 2010 Payroll Tax round 2 – and you can download it HERE
GPUG has a nice announcement on their site http://www.gpug.com/member-resources/payroll-update-news

Dexterity Training is coming to Fargo!

That’s right!  A Dexterity training class is being held the week before Tech Conference (Feb 21-25) in Fargo. If you have been wanting to get started with Dexterity, now is a great opportunity for some classroom training. Details of what is covered and other particulars can be had by contacting IBG.

It’s coming up fast, but it’s worth the trip. We are running the Dexterity I class covering the basics in Dexterity, it’s an introduction to the language aimed at a developer who has not worked with Dexterity before. You will learn how to create user interfaces having the exact same look and feel as Dynamics GP, how to create resources and interact with the core applications. This class will bring it all together for VSTools programmers and new Dexterity developers alike.

Don’t forget to bring a coat

For details and to sign up contact ralvarez@ibgnet.com. You could also fill out the ‘Request Information’ form on their web site. Their web site is http://www.ibgnet.com/.

You can download a synopsis of the class using the link below. http://www.4shared.com/document/gK3muz4n/Dexterity_I_Synopsis_.html
I hope to see you there, if not I will see you at the conference.

Until next post!

Payroll Tax Round 2 for GP2010 for year 2011 UPDATE

The KB article announced on January 26th (KB2477921) is still a no-show. That means the GP2010 Round 2 (aka, we’ve fixed the 4.2 – 6.2 FICA problem) is not available. The version 10 code is available, but that seems to be all.

We all wait with anticipation for the release of the real code update.

Stay tuned!

Find anything GP thank you Mark Polino!

MVP Mark Polino is at it again. As if it wasn’t enough to write the ultimate tips and tricks book in Microsoft Dynamics GP 2010 Cookbook, he has developed a new web search called My GP Search. This is an amazing piece of work! Find it HERE. It’s a simple one-stop search engine for GP related information. I do not know where he finds time to do so much. Just three years ago we didn’t have blogs or communities or all the sites we rely on today for GP information. Today we can find nearly anything. So much information is now available that it is hard to find everything. Well, those days of going from blog to blog are over! Check it out!

How is FICA/S wages and withholding calculated?

It’s that time of year again! W-2s are due out early next week and we are just now looking at the numbers. You know who you are!

Have you ever noticed a difference between the Social Security Wages and withholding reported on the Form W-2 and the amounts in the Employee Summary record?

Understanding the relationships between the components listed below can be challenging. This post intends to clarify the inter-relationship between these items and the amounts recorded as Social Security wages and Social Security tax withheld.

Below are the components I discuss:

• The Year-end Wage Report
• The W-2 Validation Report
• The amounts displayed in the Edit W-2 window
• The amounts that print on the W-2
• The amounts that print on the W-3

Payroll Year-end close

1. When the year is closed the year-end wage file is created. The system captures the actual amounts from the employee summary record. The FICA limit and percentage in effect when the year-end wage file is created are also captured.

2. The Year-end Wage Report reads from the year-end wage file, so it shows the actual amounts withheld regardless of the limits

3. The Validation Report does two things

a. Compares the FICA wages recorded in the year-end wage file to the FICA wage limit that was captured when the year-end wage file was created

b. Calculates what FICA withholding should have been in accordance with the FICA wage limit and percentage captured when the year-end wage file was created

c. Any differences are reported on the Validation Report

4. The W-2 form that appears in the Edit W-2 window is reading the year-end wage file, so it shows the actual amounts withheld

5. The amount that appears in the Social Security Wages W-2 box is the lessor of:

a. The Social Security Wages from the year-end wage file or,

b. The FICA limit captured when the year-end wage file was created.

6. The amount that appears in the Social Security Withheld W-2 box is the lessor of:

a. The amount actually withheld as captured in the year-end wage file or,

b. The amount of the FICA limit in the year-end wage file times the FICA % captured in the year-end wage file. This amount is calculated without regard to the amount recorded in the year-end wage file as Social Security wages.

7. The amounts appearing on the W-3 are the sum of the amounts on the W-2s. The W-3 amounts are not the same as the Year-End wage report amounts.

Have fun with it!
Until next post!