Sage 50 Construction Top Features

Sage 50 Construction is a comprehensive solution to control costs throughout your business.

It helps fully manage costs on contracts, meet contract budgets, track subcontractor insurances as well as materials and plant hire purchase orders. Recording, verifying and reporting to HMRC on subcontractor tax (CIS) it ensures compliance with HMRC legislation.

The software can improve cash flow management by helping you handle enquiries from  receipt, through to supplier or subcontractor enquiry, to cost comparison and quote production. Valuations and applications for payment can be tracked and analysed giving up to date and accurate billing information.

The product also deals with Retentions. It deducts, records and reports on both sub-contract and sales retentions ensuring liabilities are reduced and outstanding monies are reclaimed.  It has been known in many cases that this can reclaim up to 5% of company revenue - making it a very valuable tool. All information can be transferred into the contracts module, with no double entry of data, this will save time and improve efficiency.

Key Benefits

• Sage 50 Construct integrates with Sage 50 Accounts and Sage 50 Payroll so there is no double entry of information.
• The ability to streamline your company processes and grow your business efficiently.
• Compliance with HMRC legislation at all levels of CIS taxation.
• Tight control of multi-level contracts, ensuring they stay on time and on budget.
• Rapid response to client or subcontractor enquiries from detailed job structures and overview reports will improve customer service.
• Management of each client contract with asset libraries, service level agreements will increase detail.
• Improve data accuracy with multiple billing methodologies.
  

Key Features

• HMRC accredited
  Sage 50 Construct 2010 meets the latest legislation requirements for accurate calculations of CIS tax.
• Security
  Additional security access to sales documents by allowing specific users to input and amend applications and certificates, but not invoices.
• Legislation
  The internet submission module will verify the subcontractor status and information with HMRC to ensure the correct tax rate is applied. Including recording of company names, unique tax references and National Insurance numbers.
• Management
  The monthly return of tax deducted to support payment to HMRC can be generated. Submitting this report via the internet submissions module will save time and money by reducing paperwork and improving accuracy.
• Information
  Create contract orientated management reports to analyse your job costs.
• Budgeting
  Allows constant monitoring of actual costs against estimated/budgeted costs, ensuring that overspends are immediately highlighted.
• Processing
  New for 2010 is the Stop function meaning you are able to stop the process of application opening balances, resulting in greater flexibility and accurate processing.
• Integration
  Link with Sage 50 Accounts and Sage 50 Payroll to keep your accounts up to date and analyse your data using Microsoft® Excel.
• Auditing
  Store and print copies of reports and track any changes to accounts.

To find out more about Sage 50 Construction and how it can help your business, please call us free on 0800 7813608, or email us at  This e-mail address is being protected from spambots. You need JavaScript enabled to view it  .