Sage 50 CIS is designed to work alongside your Sage 50 Accounts software and is able to help construction businesses of all sizes keep up to date and compliant with the Construction Industry Scheme (CIS).
Sage 50 CIS will help you save time, reduce your paperwork, record subcontractor information, manage the verification of subcontractors with HMRC, reduce the risk of being fined by accurately calculating deductions to be made, manage the submission of the subcontractor monthly return to HMRC and automate monthly payment statements to subcontractors.
HMRC have successfully tested and recognised Sage 50 CIS to both submit the monthly online tax return (CIS 300) and perform electronic verification of subcontractor information.
Please note: Sage 50 CIS is only compatible with Sage 50 Accounts 2007 or later.
Sage 50 for Charities
Sage 50 Accounts for Charities manages and organises the particular accounting tasks of charitable bodies. It manages income and expenditure and allows you to track and manage funds.
Separate funds can be created which can be individually monitored and managed (restricted, unrestricted, endowment).
Sage 50 Charity will record and store information on the different types of donors and donations. It manages the Gift Aid schemes and produces HM Revenue & Customs (HMRC) approved Gift Aid Reports.
You can set budgets for individual departments and monitor and manage activities.
It provides many new reports including a Statement of Financial Activities (SoFA). It produces customised reports so you can extract and analyse information in a way that suits you.
Sage 50 Job Costing is designed to help all businesses who invoice their customers on the basis of time, materials, labour and costs.
By helping you to manage jobs more effectively, it saves you valuable time and ensures that you control your costs.
Sage 50 Job Costing can be applied to almost any size of business in all sectors. Flexibility is a crucial feature of Sage 50 Job Costing in recognition of the fact that every business has different requirements for cost control and analysis.
You can choose how costs and revenues are broken down, in as much detail as you want, making it easier to measure and control all your projects.
In addition, Sage 50 Job Costing provides flexible billing features to help you to calculate how much you can bill each customer.
Sage Job Costing will help you to be efficient and accurate. It links to Sage 50 Accounts Plus, Sage 50 Accounts Professional and Sage 50 Payroll and will ensure consistency and accuracy across your business.
Budgeting and forecasting is essential for profitability and solvency in a business.
Create accurate profit and loss, balance sheet, cash flow and funds flow reports using pre-installed formulae.
You can enter actual data and produce variance reports and re-forecast using this data, keeping your forecasts up to date and allowing you to take corrective action and identify opportunities.
‘What if?’ scenarios can be produced to see the effects of price increases, experiment with different business ideas, etc.
Data can be taken directly from Sage 50 Accounts to save re-entering. Also forecasting data can be returned to Sage 50 Accounts for monthly reporting purposes.
If you would like any more information, to purchase this product or have any other Sage queries, please contact us.