Dec 2012
10
The 2012 payroll year-end upgrade is now available!
2012 P60
New for 2012 we have added the function to email P60s to your employees directly from your payroll software, similar to the email payslip option that we introduced in the initial release of the 2012 payroll. PAYE regulation states that P60s must be 'made available' to employees, Revenue have confirmed that an email copy of the P60 is an acceptable method of issuing P60s to employees.
If you wish to print your P60s this option is still available, as Revenue are no longer supplying P60 stationery, Revenue allows the printing of the P60 to blank A4 paper which is facilitated within the payroll.
You need only give one copy of the P60 to each employee.
ROS P35
ROS will accept the submission of the correct 2012 format P35 from 24th November.
If your P35 file contains negative USC figures for any of your employees then you must wait until 28th January 2013 to submit your P35. If you attempt to submit your P35 prior to this date ROS will give you an error message. To check if this is the reason for the failed ROS submission then simply go to the year-end menu and view the P35 spreadsheet to check if any of your employees has a total negative USC figure.
Our ROS P35 feature will include video help offering a step by step guide to creating and submitting your ROS P35. This video will be available from the start of January.
How to upgrade your 2012 payroll software
You should have received the upgrade message on launching the payroll software in the last week, if you have not received this message then simply go to the 'Help' menu and select 'Check for updates' to see if you are on the latest version. We have also sent you a reminder email.
Once you see the upgrade message, you should upgrade. Upgrading will only take a couple of minutes. If you have installed your payroll software to somewhere other than the default location, this other location will be stated in the upgrade message. Make a note of this location as you will be asked for it during the upgrade procedure.
Dec 2012
10
Thesaurus Payroll Manager
Thesaurus Payroll Manager is one of the leading payroll software programs available on the Irish market and is the choice of 55,000 employers. As we constantly strive to improve and continue as market leaders we welcome your feedback and queries which are key to our improvement plans for Thesaurus Payroll Manager in the years ahead!
BrightPay - 2013 Launch
During 2013 we will release a brand new second payroll option, BrightPay, satisfying every whim of the end user, written to evolve into the future in line with operating systems and legislative obstacles faced by employers. This software will mirror the dynamics and power of UK BrightPay, www.brightpay.co.uk, which we launched in 2011.
BrightPay will be feature rich and more powerful than Thesaurus Payroll Manager.
Which to use?
We do understand that many users will prefer to stick with what they know so we are committed to offering both payroll solutions, Thesaurus Payroll Manager and BrightPay, for the years ahead.
Every customer will have the choice to use either Thesaurus Payroll Manager or BrightPay (or both) - the price will be the same!
Any customer who has purchased a 2013 Thesaurus Payroll Manager license can avail of a free BrightPay license for 2013, to receive your free license simply email brightpay@thesaurussoftware.com to register your request, remember to quote your 2013 Thesaurus Invoice number.
Dec 2012
10
We are always improving on our software and Solutions Plus is no exception!
Customer feedback and end user functionality forms the main platform for improvement of Solutions Plus.
2013 sees new features and improvements, such as:
Once the Budget has been announced and Solutions Plus is upgraded to incorporate any relevant budgetary measures the 2013 version will be available. It is expected that this will be before the new year.
Dec 2012
10
The 2013 version of Solutions Plus will facilitate the automatic transfer of your data to a Dropbox folder.
This means that all computers (or users) that have access to this particular online folder will always have the latest data. You are in control - you can add and remove users as your team changes or you can create multiple folders to restrict access to certain data files.
Registering with Dropbox is easy. It is also free if you do not plan to use more than 2 gigabytes. To put this in context you could handle the accounts data for more than one thousand companies and still remain within the 2 gig limit.
Dropbox will create a folder on your hard disk. Anything you place in this folder will then sync to a remote folder in Dropbox’s secure server. If you have another computer setup with Dropbox, the data transferred from the first computer to Dropbox’s server will then copy to the Dropbox folder on the second computer.
You can use Dropbox as the shared location of Solutions Plus company data files so that these data files are accessible by any computer with Internet access. The added advantage is that you can access the data files remotely from your laptop when you are visiting clients, or working remotely.
One huge advantage of Dropbox is that a copy of your data is stored remotely, thereby automatically providing a backup.
A lesser known feature of Dropbox, which can be quite useful, is the ability to go back in time. Dropbox will hold up to 6 versions of any file.
Dec 2012
10
iXbrl is a means of submitting accounts information electronically.
Revenue has announced that filing of accounts in this manner will be mandatory for large cases from October 2013 and for all other cases from October 2014.
As the information included within an iXbrl submission is more comprehensive for small companies than required through the present system of accounts extracts, we do not believe that businesses will wish to opt in to iXbrl until such time as it is mandatory.
We intend to roll out iXbrl functionality in Solutions Plus in early 2014.
Dec 2012
10
We launched Bright Contracts in June 2012 after two gruelling years of research and development.
Our aim with the software was to make it really easy for an employer to prepare employee contracts and company handbooks. We also wanted to make sure that it would always be current complying to legislative and changes in best practice.
We partnered with employment law experts to make sure we got it right!
A lot of Irish employers are in breach of employment legislation by not having these documents in place. This can now be rectified for €129 and a small bit of your time.
Without employment contracts in place, an employer is risking large settlements in the case of staff disputes, and fines in the case of regulatory inspections. Putting employee contracts and handbooks in place clearly defines the terms under which the employer employee relationship is to operate giving clear guidance to what is expected of employees - this makes good business sense!
You can find out more at www.brightcontracts.ie
Dec 2012
5
What is RTI?
From April 2013, UK payroll is changing. Employers will report their payroll information to HMRC in real time, on or before every payday. This will replace the current method of reporting payroll information at year-end alone. The new system is called Real Time Information (RTI).
HMRC has already started notifying employers about the implementation of RTI, explaining what needs to be done to prepare for the change and ensure a smooth transition. Most employers will be required to report payroll under this new scheme from April 2013.
BrightPay UK 2013/14 will be RTI ready!
All necessary functionality to operate RTI for your payroll will be provided in the same simple and user-friendly manner you've come to expect. BrightPay 2013/14 will be available to download for new and existing customers before April 2013. We'll keep you up to date between now and then with the latest information, including an overview of how RTI will work in BrightPay 2013/14.
Keep an eye on www.brightpay.co.uk/rti for updates.
Unlike most of our competitors, there will be NO price increase for BrightPay 2013/14 or additional charges for RTI functionality.
Bright Contracts – Employment Contracts and Handbooks.
BrightPay – Payroll & Auto Enrolment Software.
