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Affordable Care Act (ACA) Compliance With Microsoft Dynamics GP

October 3, 2015 5:14 am Published by

Is your organization ready for Affordable Care Act (ACA) compliance? If you’re using Microsoft Dynamics GP 2015, or even Microsoft Dynamics GP 2013 R2, you’ve probably got all the tools you need for compliance. Due to the ACA, effective this year employers of 50 or more full-time employees will be required by the IRS to file two new forms, 1094-C and 1095-C.

The 1095-C is used to report health coverage information about each employee, and the 1094-C reports this information in summary. Together the forms determine whether an organization is liable for penalties due to ACA requirements. Tools for filing these forms are built right in to the HR module, which comes with Microsoft Dynamics GP at no extra charge.

Microsoft Dynamics GP is the only Microsoft ERP system with out-of-the-box tools for ACA compliance. These tools are all you need when your organization:

  • is singly owned.
  • has a stable workforce with salaried employees and hourly employees with predictable schedules.
  • already offers health coverage.
  • has fewer than 250 full-time (as defined by the ACA) employees.

If that does not describe your organization, you can still use Microsoft Dynamics GP for ACA reporting, but you will likely need an add-on. The standard ACA functionality in Microsoft Dynamics GP does not cover the following:

  • E-filing for 1094-C.
  • Unified reporting on 1094-C when processing payroll across multiple GP Payroll databases.
  • ACA penalty risk management.

If your organization will be producing 250 or more 1095-Cs, the IRS requires that 1094-C be filed electronically.

About MIG & Co.

MIG & Co. is a professional consulting firm that specializes in the implementation of business management software solutions, including Microsoft Dynamics GP, SL, and CRM. We automate business processes to ensure that our customers work efficiently. MIG is a Microsoft Dynamics Gold Certified Partner.

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