Archive for the ‘What’s Going On’ Category

August 26, 2011 CT State Tax Update

Friday, August 26th, 2011

Microsoft has released Round 7 Payroll Tax Updates for Microsoft Dynamics GP Payroll.  This latest update will resolve the issues of additional tax withholding and new hires on or after August 1st.  If you are a CriticalEdge Group Dynamics GP Payroll customer, please contact us to schedule your update.

The new code will not resolve issues of employees hired between January and July of 2011. If you have an employee with a 2011 hire date before August 1, 2011 and if the new tax tables are withholding too much money, then take the following steps.

1) Ask the employee to estimate the correct amount of withholding and file a new CT-W4 requesting an estimated withholding amount.

2) Update the employees CT tax status by entering the Estimated Amount.  This will override the CT tax tables completely.

3) At year end, secure a new CT-W4 from the employee. (We recommend that you request W4 forms from all employees at year end.)

PDF_Icon (1) Microsoft Update Overview (PDF)

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Posted in Microsoft Dynamics GP, What’s Going On | No Comments

Microsoft Dynamics GP State of Connecticut Tax Update

Tuesday, August 9th, 2011

In yesterday’s blog, I explained that the State of Connecticut has had some issues with the new tax rules that were effective 8.1.2011.   They are issuing a press release next week that will clarify some of the calculation steps for all companies to abide by.  Currently, the State of Connecticut has contradictory information on their website among the different published documents.

Here are the current areas of concern we have with the state, but not limited to:

1.       Additional withholding , there was nothing specified in the original calculation method around addition amounts and how they should be factored in.

2.        If employees are hired after 8/1 , they should have a reduce amount taken as they started later in the year and the YTD step in the calculation should be skipped, again, was not in the released calculation rules
( Microsoft will probably have a new filing status for this type of employee identifying the later start date and it will have the correct calculations steps for them)

After the state issues the updated guidance, Microsoft will give high priority to addressing these State of Connecticut tax code-related issues.

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Posted in Microsoft Dynamics GP, What’s Going On | No Comments

SmartView from eOne

Thursday, December 2nd, 2010

eOne Solutions, developer of the SmartConnect integration application, has just announced a great new product. Smartview represents a quantum leap forward for Smartlists. It returns data in a fraction of the time, offers unlimited filtering capabilities, dynamically groups and totals your data, and provides the ability to cut and paste directly to Excel, among other great features. It works with your existing Smartlist views, including those built with Smartlist Builder, so it’s virtually turnkey. So if you’re a heavy user of Smartlist, which is a great tool in its own right, take a look at SmartView.  You can get a demo at http://www.eonesolutions.com/content.aspx?page=SmartView+Demo.

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Posted in Consulting Advice, Microsoft Dynamics GP, Tips and Tricks, What’s Going On | No Comments

Update: Our 2010 Audit Preparation Class is now a Free Webcast

Monday, February 1st, 2010

*Class has been changed to a 1 hour webcast due to customer demand

Due to the reduction of time from a 3 hour in-person event to a 1 hour webcast, the main topics will still be covered but will not be discussed as in-depth.  The webcast will be recorded so that it can be watched on-demand.  It will also be free of charge.  We feel that audit preparation is extremely important for our customers and others running Microsoft Dynamics GP.  The webcast will be played live and recorded in February and all are welcome to attend. The following topics will be covered:

-  SmartLists
-  Security and Audit Reporting
-  Reprints of posted transaction journals
-  Posting Setups and Posting Flows
-  Process Documentation

Date and time coming soon!

Any questions that you have on how your organization can best prepare and handle an audit, please contact us at 203.281.0006 or at support@CriticalEdgeGroup.com.

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Posted in Document Management Systems, General, Microsoft Dynamics GP, Training and Events, What’s Going On | No Comments

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