Accounting by Computer
Sage Accounting and Payroll

Out of Office 30th September to 4th October 2019

I am sorry that I am out of my office from Monday 30th September to Friday 4th October inclusive.

I will respond to your e-mails or messages on my return.

In the event of any real emergency you could try my mobile 07836 595538 since I will be in the UK.

I apologise for any inconvenience.

 

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Out of Office 9th to 13th September 2019

I am sorry that I am out of my office from Monday 9th to Friday 13th September inclusive.

I will respond to your e-mails or messages on my return.

In the event of any real emergency you could try my mobile 07836 595538 since I will be in the UK.

I apologise for any inconvenience.

 

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Out of Office 2nd to 4th September 2019

I am sorry that I am out of my office from Monday 2nd to Wednesday 4th September inclusive.

I will respond to your e-mails or messages on my return.

In the event of any real emergency you could try my mobile 07836 595538 since I will be in the UK.

I apologise for any inconvenience.

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Are you on the latest version of 50 Accounts and Payroll?

Are you on the latest version of Sage 50 Accounts?

To ensure that you are benefitting from the latest Updates, go to Help > About > on your system and check that you have one of the following. If you have a Network version, all users must be on the same version:

50 Accounts and Instant Accounts

v2019 – 25.1.128.0   (after loading 25.1 Update 19 Apr 19 )

v2018 – 24.2.228.0 (after loading Update 2)

The following versions will not be compatible with Making Tax Digital:

v2017 – 23.2.4.279  (after loading the May 2017 Improvements Update and Service Pack 3)

v2016 – 22.1.10.394

50 Payroll

Payrolls are updated with a completely new version each Tax Year End.  For the New Tax Year 2019/20 version 25.01.181 is applicable. 

Each year there is the Update which will include the Tax Tables for the New Tax Year as well as the Year End function for the current tax year.

Accounting By Computer is as easy as ABC

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Employer’s Allowance for National Insurance

How to process the Employer’s Allowance for National Insurance. 

This remains at £3,000 for the 2017/18 Tax Year.

The reduction in the NI you pay is reclaimed over the first few months depending on the amount of Employer’s NI you pay each month. It is deducted each month until the total of £3,000 has been recovered.

In the Payroll:

  1. At the beginning of the new Tax Year select Company > Settings > tick the box on the right “Eligible for Employment Allowance”.
  2. As usual print the monthly P32 Employer Payment Record which shows the Tax & NI payable for the month and the Employer’s Allowance.

In the Accounts:

There is no automatic inclusion of the Employer’s Allowance in the Nominal link, so it has to be processed manually.

  1. Select Nominal > Journal.   Create a new Memorised Journal to Debit the PAYE/NI Control Account in the Balance Sheet and Credit the Employer’s NI account(s) in the Profit & Loss Account.  (Note – if you have more than one you may have to calculate an approximate percentage to each account.)
  2. From the P32 Payment Record report extract the Employer’s Allowance and enter it the Memorised Journal that you have created each month until the Allowance has been totally used.
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