Sage have recently updated the expected release dates for enhancements which will bring their Sage 100 ERP software into compatibility with the new ACA (Affordable Care Act) requirements.
As you may know, effective in 2015, employers with 50 or more full time employees (or a combination of part time and full time equivalent (FTE) employees to 50 full time employees) will be subject to the Employer Shared Responsibility provisions.
Employers will be required to track information around employee & dependent coverage by month and the number of full time employees for reporting purposes. This is something we urge you to speak with your financial adviser about right away.
The following versions of Sage 100 ERP payroll will be enhanced to support ACA provisions on the following timetable:
- 2014 PU5 – Released March 30, 2015 – Search KB 60428 to download & install 2014 PU5
- 2015 PU1 – Released April 7, 2015 – Search KB 60763 to download & install 2015 PU1
- 2013 PU9 – June 29, 2015
- 4.50 PU8 – June 29, 2015
In order for ACA reporting to function within Sage 100 ERP you must select to Retain Perpetual Payroll History within your payroll options. Also please note that only the above noted versions will be supported. Earlier Sage 100 ERP versions will not receive any update to comply with ACA.
