MASTERING SAGE 50 PAYROLL

 5^th-6^th March, 2025                                                      1^st-2^nd May, 2025

30^th-31^st July, 2025                                                      16^th-17^th October, 2025

Introduction

Sage 50 isa set of accountancy and payroll products developed by Sage Group aimed at small and medium enterprises. Sage offers unrelated products under the Sage 50 name in different regions. Sage 50 Accounting, formerly Peachtree, is the classic software that simplifies your everyday accounting tasks and provides the insights to run your business more efficiently. Peachtree accounting software, now known as Sage 50, offers: A desktop installation for performance and security. It helps organization to manage their business accounting and finances. It helps businesses to manage invoicing, customers, cash flow, bank reconciliation, stock, purchase orders, electronic payments and payroll.

Sage Payroll is a cloud software solution you can access online anywhere. It’s perfect for creating employee records and paying corporate staff, while also giving organization essential HR capabilities to manage a growing workforce. Payroll software is an important tool for small business owners with employees. In fact, payroll processing includes three different stages which are pre-payroll, actual payroll, and post-payroll.

This two days training will walk the participants through the nitty-gritty of application of Sage 50 to Payroll for high level automation.

CONTENT

• Program and payroll basics
• Backing up and restoring data
• Company settings
• Registering as an employer
• Understanding Pay as you earn (PAYE) system
• Income tax bands and rates
• Adding employees into payroll software
• Creating pay elements
• Understanding year to date values
• Processing payments for employees
• Generating payslips
• Generating pre-update reports
• Departments and employee analysis
• Calculating and processing statutory payments
• Calculating and paying statutory sick pay (SSP)
• Calculating and paying statutory maternity pay (SMP)
• Calculating and paying statutory paternity pay (SPP)
• Recording absences
• Updating the payroll records with leavers and joiners
• Payment by BACS
• Yearend procedures
• Printing and Issuing payslips to employees
• Real-time information (RTI) reports
• Full payment submission (FPS)
• Employer payment summary (EPS)
• Submitting PAYE to HMRC
• Issuing P45 to employees when they leave
• Issuing P60’s to employees at the end of each tax year
•  

 Duration: Two (2) days                   Fee: N200,000