ACA Information Returns Volume 2
Checking Your HRM Software Settings
Our first article in this blog series covered the items that needed to be prepared for your 2018 Information Return season. Now we will cover the need to check your HRM software settings and employee files for accuracy.
Click HERE to view the attached document, which is designed to help you review the settings that will affect the Compile of 1095-C Information. This includes Category, Medical Plan, and Employee settings, along with your Employee Health Benefit records.
The majority of errors we have seen in reporting during the first three years of ACA Returns, are due to incorrect and incomplete settings, as well as, incorrect information on employee files. Thus, we urge you to make the effort now to check these settings, in order to save you time and frustration when trying to determine why your 1095-C’s or 1094-C are not compiling correctly.
If you have not already done so, we urge you to organize your schedule now, this will help you accomplish the necessary tasks in processing your 1095-C’s as quickly as possible, prior to January 2019. We recommend that you perform a test Compile of your existing 2018 Information now to help determine where your settings and/or employee information may be incorrect or incomplete.
Datatech is here to help our HRM Software users make the best use of their investment. If you have any questions regarding this or any future blog posts in this series, please call or email Datatech Support.
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