How to set up Sage 50 to support Affordable Care Act requirements

Created on 21 November 2022 | Last modified on 21 November 2022

How to set up Sage 50 Accounting to support Affordable Care Act requirements.

Resolution

A current subscription to the Sage 50 tax service and process payroll in the program is required
Reports are available to assist in the completion of the ACA 1094 and 1095 forms:
- Employee contact information
- Hours worked
- Medical coverage detail (if tracked)
All payroll registers and earnings reports can be used to view the number of hours employees have worked. See Is there a payroll report that will display employee hours worked?
There are two options available to prepare and submit the 1094/1095 ACA forms. See Can I complete the 1094/1095 ACA (Affordable Care Act) forms in the program?
If you have been recording employer-sponsored health insurance costs in Sage 50, this information can be reported on the W-2 form. See How do I report employer-paid health insurance on the W-2?