Home Page link  

IRS mandate for POS systems

 

QuickBooks Discussion board - Discussions about the popular financial software by Intuit 

get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
IRS mandate for POS systems Patty C 06-09-2009
Posted by Patty C on June 9, 2009, 8:46 am
Please log in for more thread options
Anyone have suggestions? I have tried several times contacting Intuit
and have not gotten any response, I talked to a salesman and someone
in customer service, emailed, sent feedback. I was told unless they
get at least 10 inquiries or suggestions they won't act. This new law
took effect January 1, 2009 but the IRS extended it to July 1 and that
is fast approaching Intuit does not have an add-on that I know of so
our choice is to buy a whole new system which we can't afford right
now or be non-compliant.

This is a very serious question in today=92s pharmacy industry. An IRS
mandate promotes an electronic process for using flexible spending
cards which will save you and your pharmacy customers a lot of time
and paperwork. However, if your POS system is not IIAS-compliant by
December 31, 2008, your pharmacy will be unable to accept and process
flexible spending cards as a service to your patients. As the use of
the flexible cards increases, patients will go to pharmacies that can
process them. Pharmacies that delay responding to this deadline now
could end up losing a portion of their pharmacy business.

Posted by Haskel LaPort on June 9, 2009, 10:03 am
Please log in for more thread options

Anyone have suggestions? I have tried several times contacting Intuit
and have not gotten any response, I talked to a salesman and someone
in customer service, emailed, sent feedback. I was told unless they
get at least 10 inquiries or suggestions they won't act. This new law
took effect January 1, 2009 but the IRS extended it to July 1 and that
is fast approaching Intuit does not have an add-on that I know of so
our choice is to buy a whole new system which we can't afford right
now or be non-compliant.

This is a very serious question in today’s pharmacy industry. An IRS
mandate promotes an electronic process for using flexible spending
cards which will save you and your pharmacy customers a lot of time
and paperwork. However, if your POS system is not IIAS-compliant by
December 31, 2008, your pharmacy will be unable to accept and process
flexible spending cards as a service to your patients. As the use of
the flexible cards increases, patients will go to pharmacies that can
process them. Pharmacies that delay responding to this deadline now
could end up losing a portion of their pharmacy business.


Given the fact that "more than 90% of employers offer FSA’s to their
employees and studies project that 85% of

employees with FSA’s will have FSA debit cards by 2010" it appears that you
can't afford not to be compliant. Keep in mind that Wal-Mart is
IIAS-compliant.


Posted by Golden California Girls on June 9, 2009, 2:29 pm
Please log in for more thread options
Another reason that you absolutely never purchase an Intuit product.

Patty C wrote:
> Anyone have suggestions? I have tried several times contacting Intuit
> and have not gotten any response, I talked to a salesman and someone
> in customer service, emailed, sent feedback. I was told unless they
> get at least 10 inquiries or suggestions they won't act. This new law
> took effect January 1, 2009 but the IRS extended it to July 1 and that
> is fast approaching Intuit does not have an add-on that I know of so
> our choice is to buy a whole new system which we can't afford right
> now or be non-compliant.
>
> This is a very serious question in today’s pharmacy industry. An IRS
> mandate promotes an electronic process for using flexible spending
> cards which will save you and your pharmacy customers a lot of time
> and paperwork. However, if your POS system is not IIAS-compliant by
> December 31, 2008, your pharmacy will be unable to accept and process
> flexible spending cards as a service to your patients. As the use of
> the flexible cards increases, patients will go to pharmacies that can
> process them. Pharmacies that delay responding to this deadline now
> could end up losing a portion of their pharmacy business.

Posted by Haskel LaPort on June 9, 2009, 6:19 pm
Please log in for more thread options

> Another reason that you absolutely never purchase an Intuit product.


If Intuit sold a POS system that was specifically geared to pharmacies I
have little or no doubt it would be IIAS-compliant.

Just as a side bar the requirement for this type of software is an excellent
means of lowering health care costs.




>
> Patty C wrote:
>> Anyone have suggestions? I have tried several times contacting Intuit
>> and have not gotten any response, I talked to a salesman and someone
>> in customer service, emailed, sent feedback. I was told unless they
>> get at least 10 inquiries or suggestions they won't act. This new law
>> took effect January 1, 2009 but the IRS extended it to July 1 and that
>> is fast approaching Intuit does not have an add-on that I know of so
>> our choice is to buy a whole new system which we can't afford right
>> now or be non-compliant.
>>
>> This is a very serious question in today’s pharmacy industry. An IRS
>> mandate promotes an electronic process for using flexible spending
>> cards which will save you and your pharmacy customers a lot of time
>> and paperwork. However, if your POS system is not IIAS-compliant by
>> December 31, 2008, your pharmacy will be unable to accept and process
>> flexible spending cards as a service to your patients. As the use of
>> the flexible cards increases, patients will go to pharmacies that can
>> process them. Pharmacies that delay responding to this deadline now
>> could end up losing a portion of their pharmacy business.


Similar ThreadsPosted
RFID in Inventory Systems, RFID and Environmental Issues, Wal-Mart and RFID: A Case Study July 31, 2006, 8:59 pm

Contact Us | Privacy Policy
This site is not affiliated with Intuit - makers of Quickbooks and Quicken software
This site is not affiliated with Sage Software - makers of Peachtree accounting software
XML SitemapXML Sitemap