Serenic Critical Update: Affordable Care Act support

The HCM team is pleased to announce that the third Critical Update for HCM 8.00 ( for NAV2015) has been posted to SerenicSource.

HCM 8.00 Critical Update 3 includes the following highlights:

· Affordable Care Act support for processing the 1094-C/1095-C e-File

Please note that the creation of the final IRS efile for the 1094-C/1095-C requires the features in this release PLUS improvements to Greenshades Filing Center. Greenshades is currently testing this functionality which is not available to the general public at this time. This HCM release will allow you to enter ACA data for the Employees/Employers and view Employee 1095-C summary information. If you choose the “Generate ACA” option on the HCM menu, the output file will be created however, the Greenshades Filing Center will be unable to read this file until further notice from Greenshades.

· The addition of SUTA property details which allows for different SUTA settings for each state

· Support for new employee tiers 1,000 – 3,000 and 3,000 – 5,000  

The release can be downloaded from SerenicSource Product Downloads

For more information on these features, please see the HCM 8000003 Release Notes.

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