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Red Wing Software releases payroll component
If you have more than 50 full-time employees and offer them health coverage, Red Wing Software's new payroll tool offers employers the ability to create a report to track employee status for the upcoming Patient Protection and Affordable Care Act (PPACA) requirement.
Even though the PPACA requirement does not begin until 2014, employers will need to look back at hours worked during 2013 to determine eligibility. Therefore, it’s important to begin tracking that information within the payroll system in 2013. Some employers may also want to monitor and stay up to date on how many hours employees are working and whether they are qualifying for full time, so they know what to expect when the requirement is in place. The PPACA considers 30 or more hours to be full time, and some employers may have situations in which it can be difficult to determine an employee’s average hours. The new CenterPoint Payroll Software report will help employers stay aware of employees’ hours and enable them to report that information when required, for whatever time period necessary.
The report will be available for CenterPoint Payroll Software users in 2013 and will be a standard report included within the software. In order to get the update, customers will need a current Customer Care Membership.