IRS mandate for POS systems

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.
Reply to
Patty C
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.
Reply to
Haskel LaPort
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.
Reply to
Haskel LaPort

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