An updated VETS Preparation report was released with Microsoft Dynamics AX 2012 CU8. The updated format makes it easier for federal contractors and subcontractors to report their progress and compliance with the amended Vietnam Era Veteran's Readjustment Assistance Act (VEVRAA): http://www.dol.gov/ofccp/regs/compliance/vevraa.htm. The following changes have been introduced in Microsoft Dynamics AX 2012 CU8 to assist contractors in completing the "Federal Contractor Veterans' Employment Report VETS-4212" (VETS-4212 Report).
The Veteran statuses setup form has a new column called "Protected veteran" to allow users to specify which of their user-defined veteran statuses are also considered protected veteran statuses under VEVRAA. The VETS preparation report will count an employee as a Protected veteran if that employee has either a) one of the Veteran status marked as a Protected veteran or b) an employee record with the Disabled veteran checkbox marked.
The format of the VETS preparation report has also changed to resemble the new VETS-4212 form format. The new VETS form requires federal contractors to report aggregate data on the number of protected veterans versus the previous requirement that contractors must report on each individual category of protected veterans. An example of the new report format is show below.