If you want to know all about ACA as legislation and learn how it is administered in any HCM ERP Software in a matter of couple of hours then you have landed on the perfect place.
Note that the way ACA is administrered is same across HCM ERP Softwares such as PeopleSoft, KRONOS, Workday, Successfactors, ADP, SAP etc.. The only differce among these could be is the page layout and structure however, the information captured would be more or less same.
Video Length : 2:00 Hours
Demo Video : Watch it here
This is what the video covers:
Know all about ACA
- What is ACA or affordable Care Act or Obamacare
- Who the law is applicable to
- How ALEs are identified
- Understanding standard periods and intial periods and how they are related
- How ACA applies to existing employees
- How ACA applies to new hires
- How eligibility for affordable healthcare is determined
- Length of affordable health care
- What type of Healthcare Plan should
- How Year End filing works
- What type of forms are used for year end reporting
- Details about 1095 forms
- Due dates for year end filing/reporting
- How the penalities are enforced
Setting up ACA/Obamacare Act
- Gathering all the elements pertaining to the ACA Law
- Setup all the elements identified in the previous step
- Identify appropriate ACA Profile based on organizational policy
- Setup ACA Profile or Template
- Configure the Year End reporting elements
Processing Employees under ACA During Administration Period
- Running measurement process and determine eligiblity
- Tracking employee status month-wise
- Track if employees offered affordable healthcare during stability period
Running Year End Reporting/Filing
- Preparing for Year End reporting
- Gather the data source for 1095 forms
- Producing 1095-C/1094-C forms for ALE
- Filing 1095-C/1094-C forms electronically to IRS
- Filing 1095-C forms to Employees
Contact Details
Email : santosh.tripathi87@gmail.com
Mobile/Whatsapp : +918800648297
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