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U.S. 2012 Tax Tables have Released

Friday, December 23rd, 2011

Microsoft has released the 2012 U.S. Payroll Tax Update for Microsoft Dynamics GP 2010 and 10.0.* If you’ve been following the news, the extension on the payroll tax cut is still up in the air. The IRS has advised Microsoft to revert back to what is on the Notice 1036, which is 6.2% withholding and a $110,100 limit on Social Security. The IRS is not optimistic this will be decided before the end of the year, and it is better to over-withhold than under-withhold. If it changes back to 4.2%, Microsoft will re-release the tax update, and Gilchrist Scott will re-post instructions on how to correct any over-withholdings.

Since the 2012 tax tables include the change from 4.2% to 6.2%, it is important to install this update AFTER creating the year-end wage file for the 2011 year.

The tax update also contains changes for the following states:
California
District of Columbia
Hawaii
Kentucky
Maine
Maryland
Massachusetts
Minnesota
New Mexico
North Dakota
Oregon
Rhode Island
Vermont

Contact us with any questions regarding your year-end process. (207) 761-2133 or support@gilchristscott.com.

*Support for version 10 ends October, 2012.

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Bonus Depreciation and Bonus Licenses!

Tuesday, November 1st, 2011

In the past, we’ve discussed how there are two levels of pricing for Dynamics GP, Business Essentials and Advanced Management. These licensing models offer anywhere from $35,000 - $100,000 + worth of software functionality. Right now  through December 22nd,  Microsoft is offering the following special promotion:

If you purchase 5 licenses by year end, you pay only $3,000. This is for either version of software, the Business Essentials OR the Advanced Management. This is a potential savings of anywhere from $8,000 - $17,000! Even if the timing is not right, but you know GP is the solution of choice down the road, you could still purchase a very elaborate system for pennies on the dollar and simply hold onto this system until you are ready to implement.

The other interesting note as it relates to year-end, is a piece about Bonus Depreciation (this if you remember was a part of a Tax Relief Act). Basically, this purchase could be completely depreciated if purchased by December 31st:

In general taxpayers who placed-in-service “qualifying property” after September 8, 2010 and before December 31, 2011 can get 100% bonus depreciation for these assets. Not wanting to waste a good set of regulations, the old bonus depreciation regulations will apply until the IRS issues a new set. As it was before, bonus depreciation is mandatory unless the taxpayer elects out of it. The election out can be by class of asset or for all qualifying assets in a company. The basic rules are as follows:
1. The original use of the property must begin with the current taxpayer. 2. Used property cannot qualify, although current improvements to that property may qualify.
3. The property must be purchased and placed in service from January 1, 2008 through December 31, 2012. The “written binding contract” (WBC) rules do apply to the placed-in-service dates. In other words, if the property is purchased or constructed pursuant to a WBC dated before January 1, 2008, it is not eligible for bonus depreciation. However, if the WBC is before September 8, 2010 and the property is placed-in-service after September 8, 2010, it is eligible for 50% bonus depreciation with one exception, discussed below.
4. The property must have a General Depreciation System (GDS) life of 20 years or less.

Don’t forget the other promotional specials going on now through December 22nd! 

Contact us for more information.

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Let the Countdown Begin: Convergence 2012 Houston

Monday, October 31st, 2011

Save the Date

The Microsoft Dynamics® Convergence® 2011 conference was a smashing success, and now is the time to look toward a new frontier. Start planning now to join us next year for Convergence 2012.

March 18 to 21, 2012
George R. Brown Convention Center
Houston, Texas

 

Convergence is the best opportunity for you to get a firsthand look at the latest innovations that will help you optimize your business and improve your bottom line.

A World of Reasons to Attend

Convergence 2012 is “A World of Opportunity.” It will be an experience rich with business value where you’ll learn, share, and establish new relationships. Since this Convergence is actively targeting a global audience, the opportunity for you to make new and valuable connections is greater than ever before.

 

We Hope to See You There

Contact us if you have any questions about Convergence 2012. We look forward to seeing you in Houston next March!  

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Document Management Solution for Dynamics GP: Papersave

Monday, October 3rd, 2011

Thank you to all who attended the GPUG (GP Users Group) meeting on Wednesday, September 21st!

One of the highlights of the meeting was a demo by Papersave. This company offers a flexible, scalable and secure document management solution that is built on Microsoft technology. This paperless solution seamlessly integrates with GP and CRM, providing the benefits of eliminating a paper based filing system. Going paperless offers many benefits including:

 

·         Sharing records effortlessly – collaboration is a cinch.

·         Safely storing important files – the risk of misplacing or damaging information is reduced.

·         Organizing for efficiency – companies that “go paperless” are driven to improve processes.

·         Responsibly using resources – using less paper and toner is “green” and cost-effective.

 

According to The Nature Conservatory, 36 million acres of trees are cut down every year. Deforestation accounts for 20-25% of the greenhouse gasses emitted into the atmosphere each year. An average document will be copied 19 times during its lifetime. Electronic document management is not only the logical way to run your business, but the responsible way as well.

 

For more information on Papersave or GPUG, please contact Chris Castaldo.

 

 

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Have you registered yet?

Tuesday, September 13th, 2011

Just a reminder that the local GP Users Group will be meeting next Wednesday! Come hear tips and tricks, come learn, come share.  We hope to see you there.

 

GPUG (GP Users Group) offers the ability to collaborate with other people in similar positions and business situations. This meeting is organized by ecomaine and Planet Dog. It provides a great chance for GP users to meet with other local businesses who are benefiting from the power of Dynamics GP.

 

 

 

Details

When: September 21, 9 am - 12 noon

Where: ecomaine

Conference Room R3

64 Blueberry Road

Portland, ME

 

Click HERE for a map. 

RSVP to kate@planetdog.com

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What can a Dynamics GP Light User do?

Monday, August 1st, 2011

There’s been so much buzz about Dynamics GP Light Licenses lately, and why shouldn’t there be?  When you have the ability to access data, turn it into business intelligence and deliver insight to your team, we would be putting our head in the sand by not asking about it.

 

Understanding and complying with Microsoft’s licensing rules requires some education, but it’s not complicated when limited to Dynamics GP.   

 

What can a Dynamics GP Light User do?

·         Perform real-time analyses with refreshable Excel reports

·         Access the library of key metrics via SQL Server Reporting Services – Charts, Metrics, KPI’s

·         Gain insight using Analysis Cubes

·         View financial statements with Management Reporter

 

How does the Light User access this information?

·         Using a web browser, Light Users access information through SharePoint, including:

o   Role Center Dashboards

o   External Lists

o   Business Portal Applications such as Time & Expense and Requisition Management

o   Workflow Approvals

o   Enterprise Search

 

Why buy a full Microsoft Dynamics GP User License when you can get a Light License and real time data for under $200? (What CAN’T a GP Light User do?)

·         A GP Light User can NOT log into the GP Application or perform any tasks within the program.

 

How do you know when you need a Light License in order to be in compliance?

·         GP Light Users are perfect for a non-GP User who is accessing a report, query, or application that uses the Dynamics databases, for example:

o   Executive Centers and Dashboards

o   Excel Reports (Smartlist Builder and Microsoft Excel Reports)

o   SSRS, Crystal, and other reporting tools

o   Visual Studio, Access, or other development applications that produce or update GP data

o   Workflow in Dynamics GP

o   Business Portal’s Order Management and Requisition Management

o   Payroll and HR Self Service suite

 

Still not sure?  Contact us today to get the answers you need to take advantage of the price and opportunity to deliver intelligence rather than meaningless data.

 

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Dynamics GP Events you do NOT want to miss – Get them into the Budget Now!

Friday, July 15th, 2011

Convergence 2012 – March 18-22, Houston, TX

GP Partner Connections 2011 – November 6-8, Caesars Palace, Las Vegas

 

DYNAMICS CUSTOMERS:

Convergence 2012:

The Customer event that cannot be matched…..  Convergence is the place to be if you’re a Dynamics Customer, Partner, ISV or Consultant.  With more learning opportunities than you can possibly jam in, you cannot afford to miss this conference.  Get this in the budget now and save your spot at this event where thousands of Dynamics users share tips and tricks and best practices for using Dynamics to gain the intelligence you need to meet your business goals. 

Sign up now to get email notifications on conference agenda, travel, and registration information. 

http://www.microsoft.com/dynamics/convergence/houston12/

Need more convincing?  Check out our March 2011 blog:  Convergence 2011 - Premier Microsoft Dynamics event

 

DYNAMICS GP PARTNERS

Partner Connections 2011:

If you’re a Dynamics GP Partner, ISV, Consultant, or Technical Sales Engineer and pride yourself on being the best in this changing field of applying business requirements to software and technology, you do not want to miss this event!

The agenda is a mix of workshops, roundtable discussions, general sessions, classroom training, and of course… fun in Vegas.

Register by October 1, 2011 and it’s only $499

http://dynamiccommunities.com/GPPartnerConnections/conference.html

 

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New Users and Dynamics GP

Friday, June 17th, 2011

While brainstorming about an interesting topic for my next Gilchrist Scott blog post, I got a call about setting up new users.  Seemed very straight- forward at the time. 

Step 1: Log into Dynamics GP, go to Tools ->Setup->System->User and enter an ID and Password.  You can enter a class if your company is using that.

Step 2: Once that part is done, you’d then go to Tools ->Setup->System->User Access and grant them access to each of the companies you want them to be able to get into. 

Step 3: Grant Security so that based on the work that they do, they will only be able to access those areas that have to do with the duties that they perform.

Well, we did this process together, and then tested the users.  Perfect!  We were able to log in as each user and all was working very well.

The part that was not so straight-forward? When they tried to log in as these new users on another machine.  They weren’t able to get these users logged in.  They kept getting the error Your login failed.  Attempt to login again or contact your system administrator.”  Typically this means that you just entered the password incorrectly.  But while performing the definition of Insanity – “Performing the same steps over and over again, and expecting different results,” we found that we weren’t typing in the wrong password, because when we went back to the original machine that we setup the users on, the same password worked.

Now we needed to figure out what was different about these two machines that would play a role in these strange happenings.  There were several things that could have been contributing to the problem, so we decided to start with the most obvious first.  Any ideas?  Well, I took a look at the ODBC connection.  This is what is used to get Dynamics GP to be able to talk to the database where all your data is stored. 

When I looked at the connection, what I found was that the initial workstation was setup with an IP address (numbers that identify the server) and the other was setup using the server name as it appears on the network.  This was causing the issue for the Id’s and passwords.  The ODBC connections all need to be setup identically or there may be issues such as this.  It happens because the when the password is saved it gets encrypted based on the way the connection is setup, and if you try to access that new user on a workstation where the connection is not setup exactly the same as the workstation that created it, the decryption will not work to extract the password and allow the user in.

As usual with troubleshooting issues that come up, always be sure to look at the obvious first.  Just because something seems simple doesn’t always mean it is. 

Here’s to happy connections!

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