Martin and Associates

Payroll Tax Update for Dynamics GP

Payroll Tax Update for Dynamics GP

Microsoft has released another Payroll Tax Update for Dynamics GP.  This is the fourth tax update for 2014. More importantly for our local clients: it contains tax changes for Ohio that went into effect on July 1st.  The good news is that this update does not require application code changes.  You will only be required to update the tax tables, either by manually using the latest Tax.cab file or by using the Automatic update solution within Dynamics GP.

The automatic update can be found by navigating to Microsoft Dynamics GP>Maintenance>US Payroll Update>Check for Tax Updates>Automatic – Then enter your Authorized Phone Number.

Please check the tax rate table after it completes by choosing Setup>System>Payroll Tax>Filing Status.>Tables:

Here are the links to Microsoft CustomerSource for the supported Dynamics GP Product versions:

Microsoft Dynamics GP 2013
https://mbs.microsoft.com/customersource/northamerica/GP/downloads/tax-regulatory-updates/TUGP2013
U.S. Payroll Tax Update for Microsoft Dynamics GP 2010

Dynamics GP 2010
https://mbs.microsoft.com/customersource/northamerica/GP/downloads/tax-regulatory-updates/TUGP2010

Other Blog Posts

Budgeting Software for Intacct

Martin & Associates thinks it is fair to say that budgeting is not a task that most people enjoy, but it’s a necessary responsibility for the future of an organization.  It also

COVID-19 Tax Relief – What You Must Know

Recently, Avalara hosted a webinar covering COVID-19 Tax Relief. They have also complied a list of resources to help you navigate these uncertain times. Hope these resources are helpful. If

The Fine Art of Sales Tax and Vice Versa

In 2015, fine art sales amounted to a whopping $63.8 billion.  While this is nearly 5 billion dollars less than the art market’s all-time high in 2014, visual art is