If you attended any of Prophet’s User Group conferences in the past several years then you’ve probably heard about workflow in Dynamics GP. 

Dynamics 2018 was released on December 1^st, 2017 with some exciting new features.  Over the next few months we will be reviewing these new features in newsletters, blog posts and videos. 

The recent 2017 Canadian Payroll Year End Update has an error/bug in the T4 Electronic XML file format.

If closing to retained earnings using divisional retained earnings ensure that a retained earning account exists for each unique value in the divisional segment.

Every company needs to ensure that their books match the reality of their bank transactions. Microsoft Dynamics GP includes several features to assist in accomplishing this task with ease!

There are no separate steps to close A.A. as the year-end close process is automatically integrated with the year-end close process for General Ledger. 

The year-end close process moves all your current data into the last year tables.  There is no consideration for date.  You must complete all 2020 payrolls and run the file reset process before processing any 2021 pay runs.

GP2015 and more recent versions have a new optional report Fixed Asset Year End Closing Report. 

There are two year end close processes in Payables;