Dynamics Gp Partner Newsflash Tax Tables Update Service Overview

Microsoft Dynamics GP, formerly known as Great Plains Dynamics and eEnterprise US Payroll module requires periodic payroll tax rates update. For large number of employees in your organization, especially when you have locations in multiple US states, you probably want to do quarterly tax update. If you are current with Microsoft Business Solutions annual support plan, you have access to Payroll Tax update utilities through your GP Customer Source. If you are no longer enrolled in annual support plan, you should check with your current Dynamics GP VAR if your current Great Plains version is still supported and you could receive Tax Updates from your GP Reseller. In this small publication we would like to give you the idea on limited payroll tax update service for old versions of Great Plains Dynamics GP:

1.Payroll Tax Rate Tables in Dynamics database. Tax rates are stored in system database of Great Plains, which is Dynamics. So, updates is done only once on the system level, and it should take effect immediately for all your companies

2.Limitations of Tax Update for old versions. GP versions 8.0, 7.5, 7.0, 6.0, 5.5, 5.0, 4.0 and earlier are no longer supported by Microsoft and Payroll Tax update download is not available for these versions. However, you should expect that some of the States changed their Tax calculation formulae and it is not possible to use old formulas, incorporated in Dynamics.DIC business rules logic. At this time we are aware about Missouri, so if your employees are there, please consider reenrolling to MBS support plan and upgrade your Dynamics GP to supported version 10.0 or 9.0. The other option would be to request GP Dexterity custom programming to update Tax Calculation formula in your old Great Plains version

3.Tax Rates Update Technology. We do understand your situation and we copy current tax rates to custom table and then from there we update your outdated tax tables in Dynamics database. This procedure typically requires four hours of Great Plains Technical Consultant time

4.Tax Update for Pervasive SQL and Ctree databases. This update requires some help from your IT department. Our preferred method is to use Microsoft SQL Server 2000 Enterprise Manager, create Linked Server to your Pervasive SQL or Ctree database, and update tax tables through heterogeneous SQL Update statement. If this is your case, please budget eight hours for the procedure. A bit more exotic case is when you host your Great Plains in Mac Faircom Server (Ctree)

Finding A Franchise Operating Partner

When people consider investing in a franchise opportunity, they often envision all the benefits of owning their own business. However, those early months of getting a franchise off the ground can be stressful and require long hours and some skills a franchisee may not have. In this case, it is often worthwhile to consider finding an operating partner.

Finding a franchising partner is not an easy task and should not be done with haste. Unit owners will want to engage a talented individual with skills that complement their own. For example, an owner fresh out of college should look for an individual with experience in the field, explains Franchising.com. But even those business veterans with 20-plus years of experience can benefit from a partner with a significant business background.

There are three strategies the Web site suggests franchisees consider when seeking an operating partner. First, unit owners should make sure any business individual they decide to team up with shares the same goals and objectives for the franchise unit. One way to get a feel for individuals’ motives is to ask prospective partners about their business and personal philosophies, the hours they are willing to work in the beginning stages and if they are interested in long-term growth.

An operational partner should also possess complementary skills – unit owners should not seek clones of themselves. To begin determining what attributes and experiences the franchise could benefit from, owners will need to take an honest look at their own skill set. The Web site suggests considering areas such as marketing, managing, finances/accounting, customer service and technology. However, franchisees should also examine their own personality type, demeanor and operating and managing style.

‘You’ll want to identify the areas where you are strongest and feel most confident. Now, look for a partner that can fill the gap in the places where you are not as strong. Working together, you’ll form a well-rounded management team,’ Franchising.com writes.

Finally, franchisees should look for partners with a good understanding of the local market, including people, places and other factors. Deep market knowledge can aid a franchise in everything from site selection to marketing. This is particularly important if a franchisee is relatively new to the area – someone with good local knowledge will be able to help the unit attract employees and customers as well as work with local vendors and suppliers.

Once a franchisee has found an operating partner, he or she should make sure to create boundaries and job responsibilities to avoid conflict and tension when business inevitably becomes stressful. One technique the Web site suggests is designating a third party to help make decisions when partners hit a logjam.