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lor


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payroll question
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I am changing payroll from 4 weekly to monthly. I have decided it may be best (I think, never done this before!) to make the leap on 28th Jan 2010 (if I wasn't going to change anything the actual date would have been 29th jan 2010) as this is when the four weekly pay date is the closest to when i would like to make the monthly pay date. In the end I have chosen 28th of each month as the pay date. What I am wondering now is when I do the wages on the 28th of jan the wages will be a day short am i correct here????? not sure how sage will work this out, but from then on it will be correct per monthly salary. 

Is this what others have done? there will be a slightly odd wage in jan a day short of the four weekly to bring it in line with the monthly pay roll change. Hope this makes sense but I have been constantly thinking about it maybe I have been thinking too much, don't know, if anyone could put my mind at rest that would be great!

All answers very very much appreciated. 

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lor


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this is quite funny i think i am going to answer my own question, may be this is first sign of madness, but i have had a thought why don't i change the monthly pay date to 29th of each month in 2010 that way i can do the last payroll in jan 2010 on the 29th as this is where it would fall anyway naturally, then after doing the last updates and processing of wages then i will change it to monthly pay and then there would be no issues with regard to changing the date simple why didnt i think of that before lol lol lol

-- Edited by lor on Saturday 13th of June 2009 06:33:47 PM

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Julie


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Hi Lor,

Have you had a little too much sun !

I have nothing to add to your posts as I do not do payroll, but sounds OK to me.

Julie

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lor


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well..... because I hadn't done it before I think I was thinking too much about it and worrying about it. At my work I am the only one doing the bookkeeping and payroll, they don't know anything about it, but its good to be able to come on this forum and ask questions....................and then answer them yourself! lol



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Davey


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I have used Sage Payroll in the past and if i remember correctly you can used a specified payroll
date to run the payroll ie the 28th of the month. I dont think it matters about setting apportioning
the time of the payroll run. As the Gross Pay, Employees Ni Tax are Culmulative and Employers
Ni to the year end date of the 05/04/ which is the end of the Tax year. You then have to print off
your reports ie P35's P60's ext and forward these to the Inland Revenue. Remember the 06/04/
Starts a new tax year and the accumulative figures start again.


I Hope this helps

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David
lor


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Thank you for your reply David.

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