Did you know that Alberta, British Columbia
and Ontario have regulations on the information that must be included on an
employee’s statement of earnings?
Do the statements of earnings you provide
to your salaried and hourly employees include:
- The employee’s wage rate and
- Earnings paid for wages,
overtime, general holiday pay and vacation pay – with each of these items listed
- Hours taken off in lieu of
If not, your organization needs the Payroll
Power Pack to help you more efficiently and easily meet these regulatory
Payroll Power Pack is an add-on to Penny, our employee self-service Canadian payroll software that is integrated with Dynamics GP. The Payroll Power Pack:
- gives your organization a more
accurate and complete payroll system;
- reduces the time that would
otherwise be required for manual entries;
- provides employees with the
information they need;
- ensures your organization is meeting provincial employment standards.
To add the Payroll Power Pack to your Penny payroll software, request a demo or for more information, contact email@example.com.
Learn more about the regulatory requirements for payroll reporting in Alberta, British Columbia and Ontario.
Microsoft has released their latest Dynamics GP Roadmap which is a high-level development plan out to 2020. Along with some improvements and enhancements being planned over the next two years, there is a whole NEW area of capabilities driven by their new Intelligent Edge platform!
Note: GP2018 R2 is scheduled for release on October 1, 2018
Intelligent Edge is designed to bridge Dynamics GP, which is largely an on-premise solution, to the Intelligent Cloud through Dynamics 365 Business Central. In other words, Dynamics GP will have access to all the built-in capabilities of Business Central which includes:
- Artificial Intelligence (AI) and Machine Learning (ML) based analytical capabilities
- Power BI visualization and reporting capabilities
- Through PowerApps and Flow, the ability to create powerful mobile applications
- Data access and storage through Common Data Services
Intelligent Edge Illustration (Source: Business Applications Release Notes)
In this illustration, think of Dynamics GP as the Edge device. GP customers will connect to an instance in the Intelligent Cloud through Business Central, at which point company data will be replicated in that environment. Once in the Cloud ecosystem, the application usage is hugely powerful and versatile. This will dramatically improve data-driven insights and reporting capabilities, as well as enabling access through mobile devices. The release of Intelligence Edge is slated for October 2018.
There will be much more to come on the release of Intelligence Edge and its compliment of Dynamics GP, and we will share as it becomes available. In the mean time, you should feel good about Microsoft continuing to build a solid future for Dynamics GP and how they are incorporating it with their world-class technologies.
Microsoft has released a January GP Hotfix that will be available the week of January 22nd.
- If you submit a T4 XML file without the hotfix or a manual edit, it will be rejected by Canada Revenue Agency.
- The Quebec tax calculation in GP is currently calculating less tax than required.
- Update to XML file for T4’s and T4A’s – Currently an additional line added to the file results in the file being rejected by CRA. The fix can correct this, or the line can be manually removed. Joesoftware can help with removing the line if you require assistance.
- Updated RL-1 Slip
- Update for Quebec basic amount (TP-1015.3-V). A script is available to update existing employee TP-1015.3-V values.
- The Alberta basic personal exemption amount may be off by $1 after the year-end update. There is a script available to update existing employee basic personal exemption amounts.
- Update for Quebec tax calculation – Currently GP is calculating less tax than required; the hot fix corrects the calculation issue.
GP 2013 (This is the last patch for this version, you should be planning an upgrade before mid-year!)
Here is the link to the official Microsoft Dynamics GP blog with the details; you are encouraged to read what is affected in case it impacts your business!
If you have any questions or concerns, or want more information on whether these fixes will affect your organization please contact us at firstname.lastname@example.org.
Well implemented ERP systems are the lifeline of successful businesses. Their reach should be vast, the data should flow quickly and they should push insightful performance metrics to stakeholders in a timely manner. Getting your ERP to meet these lofty objectives is a challenge that many businesses face.
When we think back on the many projects Joesoftware’s team has completed, we see common threads woven through the best projects and we seek to repeat these positive outcomes as often as possible. One of these success threads is the relationship between our team and our customer. As we analyzed the culture of our best projects, it became obvious that these were very complimentary relationships based on mutual respect, open, honest communication, a focus on achieving a unified goal and an awareness of the complimentary expertise each party brought to any discussion. The result of this culture manifested itself in many ways and always ended with innovative solutions.
Unlike other vendors, your ERP partner should be one of the few companies welcomed into your inner circle of trust. Similar to your board of directors, accountant or lawyer, they will be exposed to the most intricate details of your business ranging from your financial health to employee remuneration and business policies. You will be openly sharing some of your secrets such as competitive advantages and internal weaknesses to mention a couple. As the project advances, their knowledge of the nuances of your business will grow and their ability to match system functionality to business challenges will increase. As your project evolves, the level of trust between the parties needs to be mindfully nurtured and is best accomplished when both parties see it as an intentional objective rather than an unexpected benefit.
Once the initial implementation is finished and trust is established, the best companies recognize and leverage this symbiotic relationship. Business leaders realize they have gained access to highly specialized and experienced resources who have intricate knowledge of capabilities of their software systems that is complimented by operational and financial insight into their company. Using these specialists selectively on teams provides a perspective unmatched by any internal resource at a fraction of the cost of adding similar skills as a full-time employee. Decisions become more robust when they are considered by a team with diverse, complimentary expertise and your ERP partner is a simple addition.
This approach may seem obvious when considering options to change payables processes for increased efficiency; however, it is equally valid when discussing union negotiations to provide perspective on magnitude of complexity on each proposed contract change, to provide insight into team readiness/implications on prospective new business activities or to assist with infrastructure vendor selections. As someone who has broad insight into your business, information systems and IT best practices, your ERP partner can provide unequaled value when you see them as one of your trusted business advisors.
One of the most important benefits of Microsoft Dynamics GP is the large customer base. This attracts Independent Software Vendors (ISVs) who have developed a wide variety of software solutions that “Add-On” to Dynamics GP.
In most cases, clients come to Joesoftware with a specific need, and we research ISV solutions we know will best meet their requirements. But why wait until a process becomes painful to look for ways to get more out of your Dynamics GP solution?
GP Optimizer Magazine, by Rockton Software, is a tremendous resource to keep up to speed on Dynamics GP Add-On products. Rockton, a long standing and reputable ISV provider, recognizes that there is an abundance of ISV Partners that should take a role in educating the industry on available solutions. As Mark Rockwell, President of Rockton Software states, “Each article focuses on making your investment in Microsoft Dynamics GP more worthwhile by addressing issues that you may be experiencing, and providing ways to remedy them.”
GP Optimizer Magazine is a free quarterly publication and you can sign up for easy delivery here. Not sure you want to commit yet? You can check out the latest edition without having to sign up and decide for your yourself.
Joesoftware is a Microsoft Certified ISV offering a range of products including Penny and Spencer.