Sage 50 Payroll Annual Licence Plan

Sage Payroll allows its users to be able to add additional licenses or ‘seats’ to a previously existing Sage 50 2018, or 2019 product. This is all the more relevant if the licenses have been bought within a year from the previous date of upgrade or purchase. In this case, it becomes mandatory that the changes to your software be done only if you are on a current business care plan with Sage. This could be either the Sage 50 Traditional Business Care plan or the Sage 50c product.

Sage 50 is available in the form of an annual license. For this, you will have to upgrade the service to add-in more staff once your business expands. All the required details for the license are included in the license package. Here, you are required to renew the license to add new employees. After you have started to add new employees you will receive a message notifying you if you have reached your employee limit. So, what is the Sage 50 Payroll Annual Licence Plan all about? Let us find out:

In case you are a Sage 50 customer and pay your annual renewal yearly in order to remain current and supported one can add additional licenses at any time.

Read More : How to Link Payroll Formulas in Sage 50

What is the Sage 50 Payroll Annual Licence?

The Sage 50 Payroll is available as an annual licence. You might need to upgrade your service to add more staff as your business expands. All information necessary for processing your payroll and the year end returns are included in the licence package. You will need to renew the licence to add new employees. While you try to add a new employee, you may receive a message that you have reached your employee limit. This is the time when you need to upgrade your Sage 50 Payroll Annual Licence.

The annual subscriptions come in the following blocks-

• Payroll 5 (1 to 5 employees)
• Payroll 10 (6 to 10 employees)
• Payroll 15 (11 to 15 employees)
• Payroll 25 (16 to 25 employees)
• Payroll 35 (26 to 35 employees)
• Payroll 50 (36 to 50 employees)
• Payroll 75 (51 to 75 employees)
• Payroll 100 (76 to 100 employees)

Let’s start from the very basics then

The Additional Benefits of the Sage 50 Payroll Employee Licence Software

Let us take a look at some of the additional benefits of the Sage 50 Payroll Employee license software:

Automated Management of Various Payroll Processes

With the help of this highly sophisticated feature, it is now possible to process the weekly, monthly and biweekly, four-weekly payrolls within the Sage 50 payroll. Also the pay slips thus, generated can also accessed online. Not just that, but also the users can also compute and input and compute the required adjustment to holiday payment for the salary of the employee.

To Be able to USe Sage 50 Payroll HMRC Submission and RTI

The software has been approved by the HMRC that also includes the Sage 50 Payroll. This essentially translates to the user being able to submit securly the filings online over to the HMRC. It also enables the users to comply with the latest laws. Likewise, the users can also send their employee data and PAYE directly online over to the HMRC. This way you can easily skip any useless intermediate stages involved. Lastly, the user also has the ability to be able to monitor the PAYE and NIC obligation to the HMRC.

To Be Able to Manage the Pensions

The users are able to put up the required parameters to be able to completely automate the auto-enrolment processes. Also, the users can easily manage the pensions for the employee. Now, the Sage 50 payroll is able to calculate the required contributions and the other costs to the business users independently also. Lastly, the people can also appreciate how easy it is to set up their pensions in a fast-track manner. Also, the Sage Pensions Module is yet another options that the users can also utilize for the same purpose.

To Directly Pay the Employee From Within the Sage Software

With the help of this feature, the users can easily control the staff payments directly within the software. It is because of this, that it is no longer required for the users to be able to switch between the various programs or to have the required applications. E-Banking allows the users to be able to pay the employees quickly. This way the risk of the potential payment errors have been greatly decreased because of the automation.

Reports on Payroll Data

Now the users can easily produce the statuary reports such as the P60, P11, P35. This way the users will also be offered with the cost center and department by the reports on data. Likewise, the users can also have the option to create their personal expert reports. Also the uses have the capability to select from a wide range of standard reports.

Store and Manage Employee Information

Now one can easily track the vacations and absences due to the functionality. This way the users can easily handle the staff evaluations additionally. Also, the users can easily keep track of the employees disciplinary history. The users can also gain access to the previous employment of the employee and also the compensation information.

Sage 50 Payroll Annual Licence Plan

How can you View and Edit your Sage 50 Payroll Annual License?

In Sage 50 payroll, you can view your subscription cost and easily sign up for additional services. you can also unsubscribe easily from a service.

• After you change your annual subscription options, your billing amount gets updated immediately, and you will be billed for the new value, from the next bill cycle.
• To view your Sage 50 payroll annual license information, click on your name at the top of the Payroll. Next, click on Manage Business Account.
• Finally, click on Subscriptions and Invoice. The cost of your current payroll subscriptions will be displayed on your screen.
• In case you are in a trial period currently, the expiry date of the same would also appear next to the relevant service.
• After this date, you will need to enter your direct debit details. If you are not in a trial period, your next invoice date would appear.
• It will also show how to check it.If you want to change your employee licenses, click on Change number of Licenses.
• After the necessary changes are done, click on Confirm Changes. A summary window will appear, confirming the changes made.

Read Also : Sage 50 Direct Deposit Payroll

Conclusion

We hope the discussion above will help you with all the information you want to know about the Sage 50 Payroll Annual License. If you want more information about the Payroll Module in Sage 50, you should get in touch with some authorized Sage experts.

Frequently Asked Questions (FAQs)