Tag Archive for "gp update"
2021 Year-End Update For GP Has Been Released

Big news in November of 2021: Microsoft has announced the release of the 2021 year-end update for Dynamics GP.

What’s In the 2021 GP Update

This update is ALL inclusive of prior patches and includes the following changes.

  1. Payables NEC, 1099-MISC, 1099-DIV form changes
  2. Payables 1096 form changes
  3. Fixed Assets – luxury auto depreciation changes
  4. Payroll 1099-R form changes

The update has no changes to W-2 Forms or electronic filing.

Learn more about the 2021 GP update in this Microsoft GP post: https://community.dynamics.com/gp/b/dynamicsgp/posts/microsoft-dynamics-gp-u-s-year-end-update-2021-released

Should You Update?

If you plan on printing 1099 forms from within GP, then you will need this update.  You will not be able to get by with the modifying the form in Report Writer.  You’ll need the updated program code and the form change to print from within GP.

After the update is installed, if you have security access to a modified version of any of these 1099 Payables forms, make sure to print the original form versus a prior-year’s modified form, or you will not see the new changes in this update.

Getting Help With the 2021 GP Update

The 2021 GP update can be installed at any time.  If you’d like CSSI to install the update for you, please contact us so that we can get you scheduled.  Year-end is a very busy time and our calendar fills up fast!

The update to GP2018 was released in October of 2019, and we’ve now had time to digest the changes. One of the major (and perhaps confusing) changes is that GP has adopted Microsoft’s ‘Modern Lifecycle Policy’ and will no longer use version numbers. So the official latest version is known as just ‘Dynamics GP’.

For a detailed look at all that’s new in the most recent iteration of GP, please see our on-demand webinar:

Ready to upgrade? Contact CSSI to learn how we can make your upgrade painless.