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Microsoft has released Microsoft Dynamics SL 2011 Service Pack 1 and the Microsoft Dynamics SL 2011 Connector for Microsoft Project Server 2010. Both are available on 11/11/11. We consider Service Pack 1 to be a key installation for SL 2011. For more information see the release notes for this service pack.
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The “free” offer for Renown Software’s Foundation Suite has been extended. The Foundation Suite enhances Microsoft Dynamics SL by providing oft requested capabilities to the core product. This offer does require a $200 annual enhancement plan, but it is still a great value. For more information, click here.
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With Microsoft “Mainstream Support” for Version 7.0 of Dynamics SL ending 10/19/2012 and the release of the feature rich Dynamics SL 2011 on 4/1/2011, it is time to start planning your upgrade to Dynamics SL 2011. Please contact us so we can help you make sure that your environment is prepared for the new system requirements.
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Thirteen new reports have been added to Microsoft Dynamics SL Project Controller. These reports show summaries and supporting detail for Project and Task Labor, ODC, Indirect Costs, Revenue and Fee (Profit) at Target and Actual rates.
The following reports will be added to the Project Controller menu under “Government Contractor Reports”:
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Performance Analyzer for Microsoft Dynamics is the tool used by Microsoft Dynamics support, Premier Field Engineers, and product team members to diagnose performance issues with Dynamics products, including SL. The current version is 1.01. Please note that this is a tool for database administrators, not for end users of Dynamics SL. read more…
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The FUTA tax rate changed on July 1st from .8% to .6% on earnings under $7,000. Because of how Dynamics SL calculates deductions, we advised most clients to leave the rate at .8% for the remainder of the year. If the rate was changed on July 1st, then Dynamics SL capped the FUTA deduction based on the .6% rate times 7,000 = $42. Anyone that had over $42 in YTD FUTA computed did not get any more tax withheld. It did not take the wages below 7,000 times .6%.
This necessitates an adjustment to be made at the end of the year to correct the FUTA tax expense and liability. We have created a script to calculate the correct amounts by employee. Please let us know if you need us to run this script.
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