ACA reporting Microsoft Dynamics GP

When we all look at January 1, 2015 as the start date of the IRS assessment period for employer noncompliance penalties with the Affordable Care Act, there’s more to the picture of that Thursday morning than beginning to account for your employees’ hours of service as of midnight the night before. That would be somewhat …

ACA To-Do before 1-1-15: Data Mining for Initial Eligibility Read More »

With IRS deadlines looming many companies want to know; what is the Affordable Care Act, what type of compliance reporting can be done in Microsoft Dynamics GP, what types of companies are most impacted, what are the penalties and much more?

I interviewed Helen Karakoudas, the owner of Sypnio Software, an company that focuses only on ACA reporting for Microsoft Dynamics GP. One of the biggest takeaways from this interview for me is that if companies wake up on January 1, 2015, and pay attention to ACA, it will already be too late. So get all the facts here:

On August 28, 2014, the IRS issued preliminary instructions for Forms 1095-C and 1094-C, the two forms that, according to the employer mandate of the Affordable Care Act (ACA), many companies will need to begin filing annually – starting in January 2016 – to document the availability of health coverage to their employees. These instructions …

ACA ready in GP: Managing the latest IRS gotchas Read More »

Often overlooked, the Employment Type field in the Employee Maintenance window of Microsoft Dynamics GP (Great Plains) can ease tracking of your employee classification for the IRS reporting mandated by the Affordable Care Act.   Yes, GP Payroll users, we must be focusing on such details now. Like it or not, the IRS penalty-assessment period …

ACA Tracking Tip in GP: Use ‘Employment Type’ Field Read More »

In the employer reporting puzzle of the Affordable Care Act (ACA), a missing and critical piece recently surfaced. Faintly. We now have a draft of Form 1095-C. The IRS released this draft, along with other ACA draft forms, on July 24, 2014. Even without being finalized, Form 1095-C lends insight about steps that companies which …

A Setup Guide for ACA Tracking in Microsoft Dynamics GP Read More »

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