Sage 50 Payroll year end update v31 is now available to download

Sage 50 Payroll year end update v31 is now available to download

Mar 6, 2025

Payroll

Sage 50 Payroll year end update v31 is now available to download

Sage 50 Payroll v31 yearend update is now available and includes the new legislation for 2025/2026 tax year: –

  • Statutory Neonatal Care Pay (SNCP) – this is a new statutory parental payment that provides eligible employees with support at a challenging time.
  • Employer’s National Insurance (NI) increase – contribution rates for employer’s NI increase for the next tax year and the threshold that it the NI is due from decreases also.
  • Employment allowance – the employment allowance increases from £5,000 to £10,500 in the new tax year. This will reduce the employer’s NI liability for eligible businesses by an annual amount of £10,500.00.
  • Small employers’ relief (SER) – The compensation rate of SER increases to 108.5% in the new tax year. This increases from 103% last tax year.  This means that eligible employers claim more back from HMRC after paying employees statutory parental payments.
  • Payroll Assistant – this was previously only available with a Professional subscription; Payroll assistant is now available to everyone from v31.
  • Salary sacrifice pension NI reinvestment – If you process a salary sacrifice pension scheme, employees’ pay that is subject to NI reduces the amount of their pension contributions. This means that the employee and the employer often pay less NI with this type of scheme.

If you need help running a payroll year end or need any other help or advice with your payroll, please contact us

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

Tips

Mar 6, 2025

Sage 50 Accounts

Creating customer Invoices

You might want to use Sage 50 accounts to create a customer invoice that you can send out to your customer. There are two types of customer invoices that you can create, a service invoice or a product invoice.  The benefits of using Sage 50 to create the customer invoice is that you do not have to re-key in any information once you have created the invoice.

Service Invoice

Use this type of invoice to add free text service details.

  1. Click Invoices and credits and then New Invoice.
  2. From the Format drop-down click Service.
  3. In Date, enter the invoice date.
  4. From the A/C drop-down click the required customer or type in the customers’ code or F4, then click OK.
  5. Under Details enter the details of the service provided, then under Amount enter the net amount.
  6. To edit the item details, such as tax code, discount or change the nominal code, click the Finder button, or click

Product Invoice

Use this type of invoice if you sell products to your customers and to save having to type in the same details every time.

  1. Click Invoices and credits and then New Invoice.
  2. From the Format drop-down click Product.
  3. In Date, enter the invoice date.
  4. From the A/C drop-down click the required customer or type in the customers’ code or F4, then click OK.
  5. Under Product Code click the drop-down and select the required product or type in the code required or F4 and under Quantity enter the quantity required.
  6. To edit the item details, such as tax code, discount or change the nominal code, click the Finder button, or click

Print/Email a customer(s) invoice(s)

Once you have created your customer invoices you will either want to print or email the invoices to your customers.

  1. Click the Invoices and credits
  2. Select the required invoice(s), the click
  3. Click Layouts, then click the layout you want to use.
  4. Click Print or Email, if required select your printer then click OK.

TIP: to email invoices, you must set up your email settings depending on the email service you use.

If you would help creating customer invoices, printing, or emailing invoices or need any other help with your Sage 50 Accounts, please contact us

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