This article is a guide that users can make full use of if the users wish to view and edit Sage Payroll Employee Licence. But before that, the user will learn all about the Sage 50 Payroll Software.
This description will include what the Sage 50 Payroll software is, what it is used for, what types of businesses it suits the best, and so on. Furthermore, the user will learn about the different kinds of subscription plans that are available, and the users will also learn about the various kinds of benefits and features that the Sage 50 Payroll software has to offer to the world. Once all of that has been read and understood by the user, then they can simply move on to following the steps that have been provided below to be able to view and edit their employee licence in Sage 50.
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ToggleFollowing are the steps that the user must follow if the user wants to view and edit their employee licence in Sage 50.
Sage 50 Payroll Employee Limit Subscriptions
The developers at Sage have developed the Sage 50 Payroll software, which has, in today’s day and age, become the main payroll software product that has been offered by Sage for small to medium-sized businesses. The Sage 50 Accounting software company offers a wide range of products, in which the Sage 50 Payroll is included. It has been observed through statistical data and from word of mouth that over half of all UK businesses use Sage Payroll to pay the people who work at those small to medium-sized businesses.
Another good thing about the Sage 50 Payroll application is that the Sage 50 Payroll software can be deployed online in the cloud or installed on the user’s business workstation servers by purchasing the on-premise version.
Furthermore, these small to medium-sized businesses also employ the Sage Payroll software to manage various kinds of payroll processes. These payroll processes include things like payslips, payments that are made to employees, pensions, various kinds of business expenses, statutory pay, tax calculations, HMRC submissions and a lot more.
There are two versions of Sage 50 Payroll that are available in the market. The users need to decide which one of these two versions will suit their business needs better by accounting for all the variables that affect this decision that needs to be made by the user. It is not a difficult choice, but it should be that the user makes an extremely informed decision in order to truly enjoy the powers of the Sage 50 Payroll software. The two versions of the Sage 50 Payroll software are the Sage 50 Payroll Standard version and the Sage 50 Payroll Professional version.
The key difference between the Sage 50 Payroll Standard version and the Sage 50 Payroll Professional version is that the Sage 50 Payroll Standard version is the most basic version of the Sage 50 Payroll software. It is only available for one user and one company. In the Sage 50 Payroll Standard version, users can also manage the number of employees starting from up to 15 employees till having unlimited employees.
The Sage 50 Payroll Professional version is the most advanced version of the Sage 50 Payroll application that is available in the market today. The reason why the Sage 50 Payroll application is available in the market today is that through the Sage 50 Payroll Professional version application, users are easily able to manage unlimited employees, unlimited companies and unlimited users. That being said, it must be noted here that both the Sage 50 Payroll Standard version and the Sage 50 Payroll Professional version need to be purchased by the user through a subscription plan. Unless that is done by the user, there is no other way to use the Sage 50 Payroll Standard version or the Sage 50 Payroll Professional version of the application.
Through this extremely advanced feature, the Sage 50 Payroll application is capable of processing weekly, two-weekly, four-weekly and monthly payrolls. Furthermore, users can print or email the payslips that are generated directly to their employees. Not only that but these generated payslips can also be viewed online. Moreover, users can record and calculate holiday pay that they need to adjust in their employees’ salaries. Also, users can directly pay their employees through the e-banking feature. Finally, Sage 50 Payroll can calculate payments & deductions & PAYE and NI.
Users can configure the relevant settings in order to fully automate the auto-enrolment processes. Not only that, but the user can also manage the pensions for their employees easily. This also means that Sage 50 Payroll will calculate the contributions & costs to the user’s business on its own. Finally, users can also enjoy the ease of use when it comes to setting up the user’s pension with Pension’s Fast-Track. The user can also get the Sage Pensions Module, but this will come to the user at an additional cost.
The Sage 50 Payroll software is a software that has been recognised by the HMRC. What this means is that the user can directly send their submissions to HMRC online in a secure fashion. The Sage 50 Payroll software is also helpful to the user in the sense that it helps the user to comply with the latest legislation. Users can also submit the PAYE and employee data to HMRC online directly, eliminating any unnecessary modes in between. Finally, the user is also capable of keeping track of NIC and PAYE liability to HMRC.
Through this feature, the user can manage staff payments directly from within the software. This eliminates the need of having multiple applications open, and it also removes the requirement for the user to be switching between these applications. What this has proven to do is that it has shown a huge amount of reduction in admin time. Users are also allowed to pay staff quickly with e-banking. Finally, because of automation, the risk of payment errors that could potentially arise has also been reduced significantly. The staff information is managed on a secure platform.
It is because of this feature that the user can track holidays and absences. Not only that, but the user can also manage staff appraisals. Users can also keep track of all their employees’ disciplinary records in Sage. Furthermore, users can also store the job and salary history of all their employees.
Users can generate statutory reports such as P60, P11, and P35. Users also get reports on data by department and cost centre. Also, the user is allowed to generate their own professional reports. Finally, the user can pick from a wide range of standard reports.