Payroll

Paying your employees at Christmas

You may need to pay your employees on a different date to normal over the Christmas break due to Holidays. If you pay early or late, it is important that you submit the correct process date on your FPS.

Paying Early

If you are paying your employees early due to a bank holiday or Christmas, HMRC’s advice is to use your normal pay day as your process date. This also applies if you are advancing pay over Christmas.
For example, if your normal pay day is the 25th of the month but in December you are going to pay your employees early on the 22nd of December. You must use your normal process date of 25/12/2022, send the employees their pay on 22nd December and submit your full payment submission (FPS) on or before 25th December 2022.

Doing this helps to protect your employees’ eligibility for Universal Credit, as reporting the payday in as the payment date can affect entitlements.

Paying Late

If you are going to Pay your employees on the first day after the holidays, you should still process your payroll using your normal process date.
In the situation, HMRC recommend you send your FPS early, but if you send your FPS on a later date than your regular payday, you must select code G: Reasonable excuse as the reason the FPS is late.

Memo – remember do not advance your employees wages past the 6th of January until you have downloaded Sage Payroll V29.3 update as the changes to the NI rates could cause problems.

If you would like help paying your employees either early or later or need any other help or advice with your payroll, please contact us

We can also provide a remote access service where we can directly link into your computer to help you resolve your Sage Accounts or Payroll problems.

Accounts

Memorise Journals

Is there a journal or journals you need to enter every month such as a month end accounting journals or a salary journal.  If you have entries that you post regularly you can use the Memorise and Recall options to save you time and prevent mistakes

Memorise the Journal

1. Nominal Codes > Journal entry
2. Enter the information as normal into your journal, but before you click Save, click ‘Memorise’.
3. Filename* – enter a file name.
4. Description – enter a description of the journal eg Monthly Wages
5. Click Save.

Recall Journal

1. Click Recall.
2. Scroll down the list of saved journals till you find the one you want then click Load.
3. You can the date, amend the Reference or department or details, change a nominal code or a debit or credit.
4. You can add or delete lines by using F7 to insert a line and F8 to delete a line.

Memo: remember the journal must balance before you can save it.

Editing Memorised Journals

You can edit memorised journals if the information is changing on a permanent basis.

1. Click Recall.
2. Scroll down the list of saved journals till you find the one you want then to make the changes to and make a note of the exact file name, then click Load.
3. Amend the journal as required, then click ‘Memorise’.
4. Use the same file name as noted in point 2.
5. Click yes to the message ‘Overwrite Contents’ and your changes will be saved.

Memo: If you have got ‘Copy skeleton journal values’ ticked in ‘Company Preferences’ > ‘Parameters’ you can save the Debits and Credits on your memorised journal.

If you would like help setting up memorised journals or need any other help with your Sage Accounts, please contact us