News & Insights
News
Insights
Recent Posts
- Payroll Tax Compliance: New Social Security Wage Base for 2027
- IRS Finalizes Regulations for the Auto Loan Interest Deduction
- Maner Costerisan Kicks Off Season of Giving with Volunteer Work at Six Grand Rapids-Area Nonprofits
- Maner Costerisan Kicks Off Season of Giving with Volunteer Work at Nine Lansing-Area Nonprofits
- What Business Owners Need to Know About the Accounting Cycle
- Finish 2026 Strong with These Year-End Tax Planning Strategies
- IRS Publishes New Per Diem Business Travel Rates for Fiscal Year 2027
- What are the Common Warning Signs of Financial Distress?
Software Lifecycle Policy for Microsoft Dynamics GP
With all of the talk recently about Microsoft’s new cloud-based ERP solution, Business Central, you may be wondering what’s up with Dynamics GP. Is Microsoft still supporting it? Do I have to switch to Business Central?
Yes, Microsoft is still supporting Dynamics GP, and no, you do not need to switch to Business Central. We think moving to a new cloud-based solution like Business Central or Sage Intacct is worth considering, but you can certainly stay on Dynamics GP if that is your preference. To reiterate Microsoft’s plans for Dynamics GP, they have moved away from major upgrades to a Modern Policy for continuous support and servicing, including bug fixes, new features, and the latest tax updates. Microsoft is committed to 3 updates per year with additional updates as needed. Customers may stay current by taking at least one of the three yearly planned Dynamics GP releases. And, best of all, the releases are essentially service packs now, so the no more costly upgrades.
Below is the planned update schedule per Microsoft for Dynamics GP, beginning with the October 2020 release 18.3 (i.e., GP 2021).
2020
Feature Update (new features and bug fixes): October Update (tax updates, bug fixes): June/November/December Staying Current: To stay current, you must be on one of the 2020 releases. This ensures that you can upgrade to next year’s updates.2021
Feature Update (new features and bug fixes): October Update (tax updates, bug fixes): June/November/December Staying Current: To stay current, you must be on one of the 2021 releases. This ensures that you can upgrade to next year’s updates.2022
Feature Update (new features and bug fixes): October Update (tax updates, bug fixes): June/November/December Staying Current: To stay current, you must be on one of the 2022 releases. This ensures that you can upgrade to next year’s updates.2023
Feature Update (new features and bug fixes): October Update (tax updates, bug fixes): June/November/December Staying Current: To stay current, you must be on one of the 2023 releases. This ensures that you can upgrade to next year’s updates.2024
Feature Update (new features and bug fixes): TBA Update (tax updates, bug fixes): June/November/December Staying Current: To stay current, you must be on one of the 2024 releases. This ensures that you can upgrade to next year’s updates.The materials provided in the News & Insights section are for general informational purposes only and may not reflect the most current legal, tax, or financial developments. While we strive to ensure accuracy at the time of publication, Maner Costerisan does not guarantee that the information remains up-to-date or free from error. We recommend consulting directly with a Maner Costerisan team member to confirm the applicability and relevance of any information to your specific situation.