Dynamics GP 2025 Year End Payroll Update Checklist

This document is a checklist for the Dynamics GP 2025 Year End Payroll Update. It outlines the necessary steps to ensure a smooth transition into the new payroll year. The checklist begins with verifying the installation of the latest payroll tax updates and completing all 2023 pay runs. It emphasizes the importance of backing up the company database and installing the 2025 Year End Update Service Pack. The document details the procedures for creating the Year End Wage File, verifying W-2 and 1099-R statement information, and printing necessary reports such as the W-2 Validation Report and 1096 Transmittal Form. Additionally, it includes optional steps for archiving HR information and deleting records for inactive employees. The checklist concludes with instructions for processing 2025 pay runs and ensuring that all updates are completed before the fiscal year begins.