Sage 50 Payroll v29 has just been released which comes with new features and improvements. The name has been simplified to Sage 50 Payroll, but none of the cloud based features have been lost, such as Online services or Pensions Data Exchange.
Legislation 2023/2024 – The new program has the up to date legislation for new tax year built in, which means you will stay fully compliant.
Enhanced help – enhanced access to sage’s award-winning support. Just click any help option within your software including the F1 shortcut and the window will open.
Nominal link file export for Sage Business Cloud Accounting (SBCA) – You can now set up a nominal link to export a file with your payroll values, ready to import into your Sage Business Cloud Accounting Program.
Submit year end submissions for multiple companies – There is new functionality in Sage 50 Payroll Professional multi company tasks feature. You can now easily submit the year end submission for multiple companies in a few easy clicks.
Extra company analysis fields – the number of company level analysis fields have increased from three to twenty. This will give you greater flexibility if you need to enter details that are unique to your business and reporting requirements.
Payroll Year End Guide Update – the Payroll Year End 2023 hub has been updated with everything you need to run your payroll year end successfully.
To check if you have installed it, in your Sage Payroll, go to Help, then About and check your version is 29 or above.
If it’s not, you need to install Version 29 as soon as possible to ensure you are using the correct legislation for the new tax year.
Important Dates
- 5th April 2023 – Tax year ends
- 19th April 2023 – Final submission of 2022/2023 tax year deadline.
- 31st May 2023 – P60’s must be distributed to employees by this date.
If you would any more information on the new Sage 50 Payroll or help with the Payroll year end process or if you would like to purchase an upgrade or need any other help or anything else please contact us
