Deltek Vantagepoint 5.0.11 (Build 5.0.11.1958) Release Notes
Release Date: February 21, 2023
Last Updated: February 21, 2023
Welcome to the Deltek Vantagepoint 5.0.11 Release Notes, which describe the new features and enhancements introduced in this release.
These release notes address all of the modules associated with Deltek Vantagepoint 5.0, some of which your firm may not use. Skip the sections that do not apply to your implementation of Deltek Vantagepoint.
Illinois 2023 Tax Update
The value of the state allowance will be $2,625, up from $2,425 last year.
For more information, see: https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/withholding/documents/currentyear/2023-il-700-t-illinois-withholding-tax-tables.pdf
Maryland 2023 Tax Updates
The updates for Maryland are:
Anne Arundel County uses a tax rate of 2.7% for taxable income of up to $50,000 and a tax rate of 2.81% for taxable income of more than $50,000.
Frederick County uses a tax rate of 2.96% when an employee earns up to $50,000 and has a filing status of single, married filing separately, or dependent. The county uses a 2.75% rate when an employee earns up to $100,000 and has a filing status of married filing jointly, head of household, or qualifying widow/widower with a dependent child.
For more information, see: the Maryland Employer Withholding Guide: (2023 Withholding Guide (marylandtaxes.gov)
Michigan 2023 Tax Update
The value of the state allowance will be $5,400, up from $5,000 last year.
For more information, see the 2023 Michigan Income Tax Withholding Guide: https://www.michigan.gov/taxes/-/media/Project/Websites/taxes/Forms/2023/2023-SUW/446_Withholding-Guide_2023.pdf?rev=4b8545b4de3b4ab1894d4f8876981240&hash=50FA735075BAFB41D4F659CCCB5DAE66
North Dakota 2023 Tax Updates
The updates for North Dakota are:
The percentage method‘s tax brackets have been adjusted for Forms W-4 before 2020 and for Forms W-4 for 2020 and after.
The tax rates continue to range from 0% to 2.9%.
The supplemental tax rate also remains at 1.84%.
For more information, see the 2023 North Dakota Income Tax Withholding Rates & Instructions: https://www.tax.nd.gov/sites/www/files/documents/forms/income-tax-withholding-rates-and-instructions-booklet-2023.pdf
West Virginia 2023 SUTA Electronic Filing
The updates for the Quarterly Unemployment Insurance Wage Report are:
If the SOC Code is not available, Employee Job Title must be reported in the Code S Employee Record, positions 221-250.
The SOC Code must be reported in the Code S Employee Record, positions 251-256.
The County must be reported in the Code S Employee Record, positions 257-271.
For more information, see the Magnetic Media Wage Reporting Specifications Manual: Magnetic_Media_Wage_Reporting_2022.pdf (workforcewv.org)
Defect 1861207: On the Employee Payments form, you experienced a significant delay in creating a new payment run when you set the Process Type option to Automatic and set the Payments to Include option to Printed Payments Only.
Defect 1841105: On the Vendor Payments form, you experienced a significant delay in creating a new payment run when you set the Process Type option to Automatic and set the Payments to Include option to Printed Payments Only.
Database Changes (Deltek Vantagepoint 4.5 to Deltek Vantagepoint 5.0)
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