03 Dec Microsoft Dynamics GP W-2 Wage and Tax Statement Data Source Guide
It’s that time again
With year-end just around the corner, finance and accounting teams are beginning to shift their thoughts to year-end close timing and procedures. Microsoft Dynamics GP customers will need the Dynamics GP W-2 Wage Tax Statement Data Source Guide below.
In preparation for your pending W-2’s we wanted to share this Data Source Guide which describes each box on the W-2 (A–F and 1–20). This document also explains where information in the Year-End Wage file comes from within your Microsoft Dynamics GP back office application. Refer to this information if you have questions about the amounts appearing on your Year-End Employee Wage Report or your W-2 statements.
We recommend that you print the Year-End Wage Report first to verify the information before you print the W-2 statements.
Did you know..?
If you migrate to a Dynamics GP hosting cloud you will no longer have to worry about year-end updates. We will be downloading and applying the year-end updates along with the 2016 tax tables on behalf of all our Hosted Dynamics GP 2013 and GP 2015 Customers. Installing year-end tax updates is an important part of our commitment to ensuring that our customers stay current and compliant.
Don’t let GP year-end update requirements bog down your year-end closing. RoseASP can manage your Dynamics GP system so you never have to worry about updates. Find out what it will take for you to upgrade Dynamics GP to the cloud »