Sage 50 Construction
Using Sage 50 Construction you can:
Comply with HMRC. Through subcontractor recording, verification and monthly (CIS 300) report submission. This can be done through our Internet Submissions Module, improving accuracy and saving time. Monthly subcontractor reports can also be created and sent via email, providing prior agreement has been made. Other legislative functions include CITB levy, subcontractors insurance and discounts.
Have 'no delay' cost control. Up-to-date information on all contracts the moment transactions are entered, with full drill down from subcontractor and supplier, through analysis codes and groups to transaction detail line. Full visilibility of contract information helps you make more insightful business decisions and keep control of cash flow.
Control budget costs. Constantly monitor actual costs against estimated/budget costs, helping you highlight overspends immediately.
Manage Retentions. Record, deduct and report on both subcontract and sales retentions. Liabilities are reduced helping you claim any outstanding monies.
Manage subcontractor and sales self-billing. Record applications and generate both self-billing and authenticated receipts, with automated retentions, CITB deductions, discounts and CIS processing. Helping you save time by eliminating manual processes.
Report on Aged applications. Assists credit control by generating reports showing monies applied for, certified and paid, by client and/or contract. Helping you keep control of cashflow to ensure jobs are not delayed.