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.

Accounts

Add a Festive message to your invoices etc

You might want to add a festive message to your invoices or inform customers of your Christmas and New Year opening hours etc, this can be done easily by using Report Designer.

Accounts and payroll

Changes to Email Settings

Microsoft have retired Basic Authentication on Outlook.com, and Google are retiring Basic Authentication on Gmail.

Payroll

You might need to deduct something from your employee’s wages for example they might want to pay into a Christmas fund.  Deductions are quick and easy to set up to handle this.

Accounts

Supplier Payment

When you want to pay a supplier and allocate it against the relevant invoices etc-

1. Click Bank accounts on the left-hand menu.
2. Click the bank account the money has been paid out of.

Payroll

An attachment of Earnings (AEO) is an official form issued to an employer, usually by the court.  It instructs the employer to deduct an outstanding debt directly from an employee’s wages.  There are various reasons why a court may issue an attachment, including unpaid fines and child support. 

Accounts

Customer Receipt

When a customer has paid you and you need to mark that the invoice has been paid

Payroll

Sage 50 Payroll has hundreds of great reports available to show a wide range of information to help you run your business. With so many reports it can be hard to find the right one you need.

Accounts

New Report Finder V30.1

Sage 50 Accounts comes with a multitude of reports, and it can be difficult sometimes to find the report you want. In Sage 50 Accounts V30.1 a new AI-Powered search engine for reports has been introduced, which means that you can use everyday language to find the reports you need.

Payroll

Record and delete holidays as booked or taken.

You can record holidays as booked or taken on the absence dairy in Sage 50 Payroll to help keep a track of your employee’s holidays to ensure they do not take more than they are entitled to.

Accounts

Compress Data

After clearing the audit trail or deleted a large volume of records in your software, this does not reduce the size of the data files.

Payroll

Submit an Employment Payment Summary (EPS) to show no payment due and reclaim CIS deductions

If no payment is due and Construction Industry Scheme (CIS) deductions are suffered in the same period, you must inform HMRC and submit an employer payment summary. (EPS).

Accounts

Clear Audit Trail

Once you have run the year end routine and archived the data, it can be a good idea to clear the audit trail depending on the number of transactions you have.

Payroll 

Payroll New Year

1. Check you’ re using the correct version.

Before you start processing the new tax year, you must have installed the update for the 2024/25 tax year, V30.00.226.

Accounts

Running a year end routine

Once you have passed your accounts year end and you have check you are ready to run a year end routine, please see last month’s newsletter on what to do, you are ready to run your yearend accounts routine.

Payroll

Sage 50 Payroll V30 New Features

New Home Page

Accounts

Prepare for year end

At the end of your financial year, you need to run the year end routine in Sage 50 Accounts before you can close your current financial year.

Before you do this, it is advisable to do few basic checks to ensure your yearend runs smoothly.

Payroll

Set up and maintain your users

You can easily set up access rights on your software so that different users can log in and help process your payroll.  You can also restrict access to certain areas of the software.

Accounts

Customer statements

Statements are a great way to let your customers know if they are missing an invoice etc and remind them of any outstanding balances.

It is very easy to create statements for your customers at any time using the Customer module.

Payroll

Advance Holiday Year Wizard

When you reach the end of your holiday and/or absence year, it is easy to advance the year.  This updates the balance for the new year based on your settings.