Aug 13, 2019 5:45:47 PM
By Coastal Payroll
The following new features and development items are included in the iSolved release.
This is only a brief overview of this release. We will be having a deep dive of all items included in this release via a Go to Webinar. Look out for communication in the coming weeks to join and see all the great features and updates. Employee
Users want the ability to assign coverage groups that can be assigned based on eligibility rules. Added the concept of ‘coverage groups’ to the coverage code setup at client level. Coverage Groups can be established, attached to a coverage code and based on eligibility the appropriate coverage code record will be provided to the employee.
Benefit Enrollment Tracking and Reporting
For employees whose benefit elections have been submitted and approved through the Benefit Enrollment Transactions screen, followed by the employee changing their benefits but not re-submitting their enrollment, a ‘reopened’ status has been added to the Enrollment Status and Enrollment Status- Life Events reports.
CA, IL, and OR: New Census file exports for the State Retirement Savings Program
In the states of California, Illinois, and Oregon, employers that don't offer a retirement savings can elect to participate in the State Retirement Savings Program. This program allows employees to contribute to a Roth IRA plan. California employers are required to offer the state plan if they don't offer a plan to their employees.
When an employer enrolls, they must send employee census data, for all Active employees over the age of 18, to each state. After enrollment, they must send employee census data for new hires over the age of 18 and census data for employees reaching the age of 18 in the current payroll run, to each state.
Ability to add multiple default values, to client Earnings, Deductions, and Memo Calculations, based on employee criteria.
Added a new Pay Item Default Values screen. This screen allows users to setup effective dated default values, based on employee's organization, miscellaneous field, legal company, pay group, employment category, work location, pay type, pay frequency, normal hours, job, and/or work state.
WAGE STATEMENT FOR EACH PAY PERIOD THAT SHOWS THE EFFECTIVE HOURLY TIP RATE AS DERIVED FROM EMPLOYER ‐PAID CASH WAGES PLUS ALL REPORTED TIPS FOR TIP CREDIT HOURS WORKED EACH WORKWEEK OF THE PAY PERIOD.
TFS 60047: Added option to on memo calculation parameters for each week.
TFS 79501: Added memo calculation option to suppress YTD on