Patch file releases for Microsoft Dynamics GP 2016 can include service packs, hotfixes, tax updates and year end update.
Hotfix - Hotfixes rel??ease approximately once a month and include only a few fixes for a limited number of modu??les. If you are using Latin American localization products for Argentina, Chile, or the Andean region, consult your Microsoft Dynamics Partner or Microsoft Support before installing any hotfix.
Compliance Update - Compliance updates provide changes for year end reporting such as W2's, Magnetic Media and 1099's and also payroll tax updates.
All msp files (hotfixes, tax updates and year end updates) are cumulative and the version information is incremented with each patch release.