Month: December 2020

This post is part of the Microsoft Dynamics GP Fall 2020 Release New Features series where I am going to echo the posts from the Dynamics GP Support and Services Blog, while adding some commentary, on the new features introduced in the Microsoft Dynamics GP Fall 2020 Release which is now available.

This post is on the Automate full General Ledger Reconcile Financial enhancement.

This feature means you can now select All to have Dynamics GP reconcile through the years in order from oldest to newest.

In the Reconcile Financial Information window (Financial area page » Utilities » Reconcile), users can now select All for all years to be reconciled in order from the oldest year to newest year. This is a change from the previous functionality where users had to run the reconcile process for each year in turn:

Continue reading “Microsoft Dynamics GP Fall 2020 Release New Features: Automate full General Ledger Reconcile”

This post is part of the Microsoft Dynamics GP Fall 2020 Release New Features series where I am going to echo the posts from the Dynamics GP Support and Services Blog, while adding some commentary, on the new features introduced in the Microsoft Dynamics GP Fall 2020 Release which is now available.

This post is on the 1099-MISC Updates Financial enhancement.

The 1099-MISC form has been revised to meet the IRS regulatory changes for the 2020 tax year. In the Vendor Card point to Options, point to Tax Type: Miscellaneous, point to 1099 Box, click the drop-down menu.
Box 9: Crop insurance proceeds are reported in.
Box 10: Gross proceeds to an attorney are reported in.
Box 12: Section 409A deferrals are reported.
Box 14: Nonqualified deferred compensation income is reported.
Boxes 15, and 17 report state taxes withheld, and amount of income earned in the state, respectively.
Box 7 was moved to the 1099 NEC form as a checkbox Payer made Direct Sales of $5,000 or more, etc.
Box 16 the state number is not a currency field and it is available at the header level of the 1099 details window. Therefore, the data entered in the header will be shown in the form.

This post is part of the Microsoft Dynamics GP Fall 2020 Release New Features series where I am going to echo the posts from the Dynamics GP Support and Services Blog, while adding some commentary, on the new features introduced in the Microsoft Dynamics GP Fall 2020 Release which is now available.

This post is on the Add DBA Name field on Vendor Maintenance window for 1099 Vendors Financial enhancement.

When a business is created in the United States or Canada, they have the option of using a DBA, or “Doing Business As” name, in addition to the legal entity name; the DBA name is the operating name of the business, or how the business is known to customers, or operating name, as opposed to the legal name of the business. Vendors that have a DBA name, in addition to the legal company name, and want to have the DBA name appear on the 1099 that is issued to them, can now do so.

Add DBA (Doing Business As) field to the Vendor maintenance window, reporting and 1099s. It is common for companies to have a legal name registered but do business under another name, the name customers see. The feature enables the user of both the legal name of a company and DBA. From the Purchasing home page under Cards, choose Vendor and click Options.

Go into Purchasing, point to Cards, click on Vendor, select the Vendor ID, click on Options, enter the DBA name in the field, click OK:

Continue reading “Microsoft Dynamics GP Fall 2020 Release New Features: Add DBA Name field on Vendor Maintenance window for 1099 Vendors”

This post is part of the Microsoft Dynamics GP Fall 2020 Release New Features series where I am going to echo the posts from the Dynamics GP Support and Services Blog, while adding some commentary, on the new features introduced in the Microsoft Dynamics GP Fall 2020 Release which is now available.

This post is on the Non-Employee Compensation (NEC) for 1099 form Financial enhancement.

The IRS is releasing a new 1099 NEC form for the 2020 tax year; Non-Employee Compensation, which had been included in the 1099 MISC form, has been moved to its own form.

In the Vendor Card in Options, you now have the option of selecting Non-employee Compensation as a 1099 tax type. The Utility “Update 1099 Information” also includes selecting Non-employee Compensation.

To access the Non-employee Compensation tax type, choose Purchasing select Cards and then choose Vendor, once you choose a vendor click Options. In the Tax Type drop down menu, select Non-employee Compensation.

To make a Mass Update go to the Purchasing, choose Utilities and select Update 1099 Information, make the selections in this window for Tax Type From and To.

Continue reading “Microsoft Dynamics GP Fall 2020 Release New Features: Non-Employee Compensation (NEC) for 1099 form”

This post is part of the Microsoft Dynamics GP Fall 2020 Release New Features series where I am going to echo the posts from the Dynamics GP Support and Services Blog, while adding some commentary, on the new features introduced in the Microsoft Dynamics GP Fall 2020 Release which is now available.

This post is on the Enable Self Service user type to access User Preferences System enhancement.

This feature means Self Service users will now have access to the Workflow Delegation window within User Preferences, allowing them to set their own delegations up when they know they will be unavailable:

This is a nice addition which will make it a lot easier for clients to properly manage delegations.

This post is part of the Microsoft Dynamics GP Fall 2020 Release New Features series where I am going to echo the posts from the Dynamics GP Support and Services Blog, while adding some commentary, on the new features introduced in the Microsoft Dynamics GP Fall 2020 Release which is now available.

This post is on the Save per user column layouts on Home Page System enhancement.

this new feature will allow users to customize and save the layout of their Home Page through the Customize this page… in the upper-right corner of the Home Page.

They can then use the bottom section of the Customize Home Page window to select the Column Layouts and how they stack when a section is maximised:

The column number setting is held in the syHomePageLayout (SY08100) table in the system database; the SectionID column will contain the following values:
1 = To Do
3 = Business Analyzer
4 = My Reports
5 = Quick Links
6 = Connect
7 = Time Management
8 = Procurement
9 = Project Time and Expense
10 = PowerBI

The Column Stack setting is held in the syHomePage (SY08000) table, the ColumnStackPosition column will contain the following values:
0 = Top
1 = Bottom
2 = Right
3 = Left

I’m surprised this is a new feature as I thought all of the settings on this page were already per user.