Incorrect EIC value in 2009 United States Payroll Tax Update
If you have applied 2009 Payroll Tax Update to your Microsoft Dynamics GP system, you will need to correct the Earned Income Credit amount in the UPR41300 tax table from its old value of $1,750 for 2008, to $1,826 for 2009. However, the amounts seem to be correct for the married and single filing statuses in the UPR41302 tax table.
To fix this issue, run the following script against your DYNAMICS database:
Thanks to Bob Harrison at The Lighthouse Neurological Rehabilitation Center (http://lighthouserehab.com/) for this pointer.
Related Articles
2009 Payroll Tax Update for Microsoft Dynamics GP 8.0 - Click here
2008 Year End Update and Microsoft Dynamics GP 8.0 - Click here
Until next post!
MG.-
Mariano Gomez, MVP
Maximum Global Business, LLC
http://www.maximumglobalbusiness.com/
To fix this issue, run the following script against your DYNAMICS database:
-- Run againt your Dynamics database
USE DYNAMICS
GO
UPDATE UPR41300 SET MXEICPMT = 1826.00 WHERE TAXCODE = 'EIC'
Thanks to Bob Harrison at The Lighthouse Neurological Rehabilitation Center (http://lighthouserehab.com/) for this pointer.
Related Articles
2009 Payroll Tax Update for Microsoft Dynamics GP 8.0 - Click here
2008 Year End Update and Microsoft Dynamics GP 8.0 - Click here
Until next post!
MG.-
Mariano Gomez, MVP
Maximum Global Business, LLC
http://www.maximumglobalbusiness.com/
Comments
Is there an article on PartnerSource stating this? I wanted to make sure that we have some "official document" from Microsoft to provide to our clients before making this change for them.
Thanks,
Corey Clay
You can now download the 2009 Tax Updates - Round 1 which will correct this issue.
In the mean time, you can find the official document stating the corrections at:
PartnerSource - v9: https://mbs.microsoft.com/partnersource/downloads/taxupdates/usgptu9.htm
PartnerSource - v10:
https://mbs.microsoft.com/partnersource/downloads/taxupdates/usgptu10.htm?printpage=false
Best regards,
MG.-
Mariano Gomez, MVP