Deltek Costpoint 7.1.7.7 Release Notes (Build 7.1.7.1030)

Welcome to the Deltek Costpoint 7.1.7.7 Release Notes, which describe the new features and enhancements introduced in this release.

Important Notes

Note: This release contains new items added to Costpoint MR 7.1.7.

These release notes address all of the modules associated with Deltek Costpoint 7.1.7, some of which your firm may not use. Skip the sections that do not apply to your implementation of Deltek Costpoint.

Release notes are available from the landing page and the Costpoint Information Center. We will make a PDF available for a while, as we transition to the new format.

We want the release notes to be as easy to use as possible. To this end, we will continue to analyze and improve upon the format. If you have feedback, please email DeltekDocumentationFeedback@deltek.com.

Installation Notes

The MR installer reads through all Costpoint systems selected. If a Time & Expense segment is found, it searches for the presence of a Time & Expense license for that Costpoint system. It provides a listing of all such systems found, prompting you to review the list and remove (using DBWizard, Remove License) any TE license from the Costpoint system where the connected TE segment is for a stand-alone, external connection that should not have had a Time & Expense license applied to it.

Any external Time & Expense segments found where a Time & Expense license is not present, or where the Time & Expense segment is for a Time & Expense 901 system, the MR Time & Expense patches, SPs, or Data Dictionary files will not be applied.

If all systems listed are properly licensed for Time & Expense and you do want the MR applied to them, please proceed. If you are unsure, please contact Deltek Technical Support.

Regulatory Enhancements

State

_{Colorado 2020 Tax Table Updates}
_{Colorado’s flat income tax rate, which is used for regular and supplemental wages, decreased from 4.63% to}_4.55%_.
_Attention:_{For more information, refer to:}_{https://tax.colorado.gov/sites/tax/files/DR1098_12-2020.pdf.}
_Note:_{This enhancement requires PATCH3827.}

Maryland 2021 Tax Table Updates
The maximum standard deduction used in the percentage methods increased from $2,300 to $2,350 annually.
Attention: For more information, refer to: https://marylandtaxes.gov/forms/20_forms/Withholding_Guide.pdf .
Note: This enhancement requires PATCH3830.

Virgin Islands 2021 SUTA Wage Base
The SUTA limit for 2021 is $32,500. This Costpoint release adds tax table records effective 01/01/2021 for the updated unemployment-taxable wage base of the Virgin Islands for tax year 2021.
Note: This enhancement requires PATCH3829.

Software Issues Resolved

People

Benefits >> Create 1094-C and 1095-C Electronic File

Defect 1414560: You encountered an AIRSH100 XML file schema validation failure for tax year 2020. This issue may be caused by out of sequence elements. This affects Costpoint users who electronically file ACA reporting.