The Ability to Manage Complex Requirements Set by the Affordable Care Act Are Easily Handled with Newly Added EBS PaySuite Reports

Denver, CO (PRWEB) May 27, 2015

The Federal Government has enacted new guidelines requiring businesses to be more diligent in regard to managing the complex requirements of the Affordable Care Act (ACA). Failure to adhere to the government's requirements may result in hefty fines and that is why Employee Based Systems recently added new reports to comply with current ACA requirements. EBS PaySuite provides businesses the ability to easily remain ACA compliant.

EBS PaySuite has enhanced the tools and reports needed to stay on top of the complex issues of ACA requirements to mitigate exposure and risk. PaySuite uses an industry-leading system design and single database to better manage data to give HR departments confidence needed to stay compliant. The system provides the ability to quickly and easily enter and view critical information about the company's employees, benefits, and healthcare insurance plans while monitoring the hours that employees work, full-time and equivalent employee counts and important thresholds for part-time and full-time employees. The PaySuite system gives the ability to quickly know which employees have, or do not have, healthcare coverage. In addition, employer and employee contributions by employee or any other organizational segment chosen can easily be viewed.

Standard reports built into PaySuite provide a view of the summary of annual expenses to include benefit coverage amounts and taxes. In addition, Forms 1094-C and 1095-C are included as part of the standard report system. With the included tax filing service, HR can also review, edit, print, and file electronically.

Contact your Authorized reseller or Employee Based Systems (EBS) directly to learn more about how PaySuite can guide you through the complex issues of ACA compliance tracking.

About Employee Based Systems
Employee Based Systems is full service software consulting firm and software Development Company specializing in the design, implementation, and support of Human Resources, Payroll, and Time and Labor Management software solutions. With over 20 years in the industry, and a seasoned staff of developers, consultants, and technical support personnel, Employee Based Systems is the premier choice for all your software needs in these areas.

The flagship product for EBS is PaySuite- the only truly integrated web-based Payroll, HR, Time & Attendance solution your company will want to consider. We invite you to explore the website http://www.getebs.com and learn more about Employee Based Systems. We change the way you do business!

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