What Payroll software to choose for 2014/15

What Payroll software to choose for 2014/15

Didn't find your answer?

We are a small practice and do the payroll for some of our clients. We want to change from Sage as we find it slow and I would be most grateful for your recommendations and experiences in other payroll packages. Thank you

Replies (19)

Please login or register to join the discussion.

avatar
By andrew55
05th Feb 2014 13:26

Wait for the deluge of replies

Moneysoft!

Thanks (1)
avatar
By Xcast
05th Feb 2014 13:35

Second vote for Moneysoft

Think the general consensus will be Moneysoft.

Thanks (0)
avatar
By FRAS
05th Feb 2014 13:39

Monesoft

I am using Sage Payroll but I am changing to Moneysoft in April 2014

Thanks (0)
avatar
By M GD
05th Feb 2014 13:48

Thank you so much for your responses. I looked into Moneysoft but I don't think it handles P11Ds???

Thanks (0)
Replying to Empiricist:
Euan's picture
By Euan MacLennan
05th Feb 2014 14:07

You didn't look very hard

M GD wrote:

Thank you so much for your responses. I looked into Moneysoft but I don't think it handles P11Ds???

Here is the Moneysoft Payroll Manager Features page and here is the Prices page.  It is a no-brainer compared with Sage.

Thanks (0)
Giraffe
By Luke
05th Feb 2014 13:50

P11ds
Yes, moneysoft also does P11ds.

Thanks (0)
avatar
By User deleted
05th Feb 2014 13:52

Payroll software

Try Brightpay - it is brilliant, does it all, easy to use, no limit on number of employers and employees, and very reasonably priced.  The people at Brightpay are really good, I have only ever needed support once and they went all out to help.  I cannot fault them.

Thanks (1)
avatar
By M GD
05th Feb 2014 13:54

Brilliant! Thank you all so much.

Thanks (0)
avatar
By amosprophet
05th Feb 2014 14:47

payroll

go for Brightpay

its brilliant

very easy to use and super support

 

 

 

Thanks (1)
Replying to Ruddles:
Euan's picture
By Euan MacLennan
05th Feb 2014 16:07

I have nothing against Brightpay, but ...

amosprophet wrote:

go for Brightpay

its brilliant

very easy to use and super support

... if it's so brilliant, why do you need support?

Thanks (0)
avatar
By landscaper
05th Feb 2014 14:50

Moneysoft....how many times do we all have to say it!

I adore Moneysoft.  That is all

Thanks (1)
avatar
By User deleted
05th Feb 2014 14:53

The same as recommended for 2013/14, and 2012/13 and 2011/12 and..... Moneysoft.

Don't waste a single brain cell cogitating, just buy it. End of. 

Thanks (0)
avatar
By the_drookit_dug
05th Feb 2014 15:16

Out of interest...

... does Moneysoft have an auto-enrollment solution?

Thanks (0)
By coops456
05th Feb 2014 15:25

Moneysoft and AE

http://www.moneysoft.co.uk/payroll-software/payroll-manager-pensions-auto-enrolment.htm

We are eagerly awaiting the April update, which Moneysoft have said will be auto-enrolment aware, since our biggest client is staging in April. Not that they have done anything to prepare so far!

 

Thanks (0)
avatar
By paulinesul
05th Feb 2014 15:29

Definitely Moneysoft

Also deals with CIS, Agents, Statutory payments and deductions, RTI and introducing extra features in April 2014 to help with auto-enrolment. Much cheaper, easier and quicker than Sage.

 

Thanks (0)
x
By rockallj
05th Feb 2014 16:29

Moneysoft gets my vote every time!!!!!!!!!!!!!!

Thanks (0)
By coops456
03rd Oct 2014 14:49

Payroll bureau experience of AE and Moneysoft

Our biggest client, which owns pubs and restaurants with c150 weekly and monthly-paid staff, staged in July. We also brought our own staging date forward, to gain experience. 

We've found that Moneysoft's AE support is good but basic. 

1. After entering and checking the wages as normal, we run the AE employee status report, to check if anyone is over 22 and has hit the trigger. [Earnings fluctuate enormously, so postponement could be beneficial but the admin overhead for the employer of communicating it is too great.]

2. For each new enrolee, we go onto the Pensions tab and enter the 1% employee and employer deductions, and hit alt-enter to copy them down the rest of the year.

3. Next we produce the payslips and client reports as normal.

4. Generate the enrolment file CSV for any new enrolees. Generate the contributions file for all.

5. Then I have to do some cutting and pasting to get Moneysoft's CSV output to be acceptable to either NOW or NEST. Moneysoft includes everyone in this CSV, whether they are autoenrolled or not, or if they've left or not. So there are lots of extraneous lines to be ignored/stripped out.

Both pension providers have detailed documentation which should be studied carefully to ensure the right data are in the right fields. For example, NEST requires the Postal town to be line 3 of the address, whereas it is often line 2.

 

This doesn't take that long; I use the NEST file templates to generate the final CSV for upload.

 

The biggest overhead is keeping track of contributions deducted versus those paid to NEST. If someone opts out then there are refunds to process. I keep an extensive spreadsheet so the client has the information for management accounts (they want to know how much each individual site is costing them in contributions, as well as how much will go out of the bank account each month).

Don't underestimate how much time AE can eat up. First in getting your head around what's required and explaining it to your clients, and then in the actual running of it.

It's very easy for AE to become a time sink.

Thanks (1)
Replying to Tax Dragon:
By xtraman88
03rd Oct 2014 16:58

Moneysoft

coops456 wrote:

Our biggest client, which owns pubs and restaurants with c150 weekly and monthly-paid staff, staged in July. We also brought our own staging date forward, to gain experience. 

We've found that Moneysoft's AE support is good but basic. 

1. After entering and checking the wages as normal, we run the AE employee status report, to check if anyone is over 22 and has hit the trigger. [Earnings fluctuate enormously, so postponement could be beneficial but the admin overhead for the employer of communicating it is too great.]

2. For each new enrolee, we go onto the Pensions tab and enter the 1% employee and employer deductions, and hit alt-enter to copy them down the rest of the year.

3. Next we produce the payslips and client reports as normal.

4. Generate the enrolment file CSV for any new enrolees. Generate the contributions file for all.

5. Then I have to do some cutting and pasting to get Moneysoft's CSV output to be acceptable to either NOW or NEST. Moneysoft includes everyone in this CSV, whether they are autoenrolled or not, or if they've left or not. So there are lots of extraneous lines to be ignored/stripped out.

Both pension providers have detailed documentation which should be studied carefully to ensure the right data are in the right fields. For example, NEST requires the Postal town to be line 3 of the address, whereas it is often line 2.

 

This doesn't take that long; I use the NEST file templates to generate the final CSV for upload.

 

The biggest overhead is keeping track of contributions deducted versus those paid to NEST. If someone opts out then there are refunds to process. I keep an extensive spreadsheet so the client has the information for management accounts (they want to know how much each individual site is costing them in contributions, as well as how much will go out of the bank account each month).

Don't underestimate how much time AE can eat up. First in getting your head around what's required and explaining it to your clients, and then in the actual running of it.

It's very easy for AE to become a time sink.

Hi does Moneysoft calculate the employee contributions at 0.8% to allow or tax relief ?

Thanks (0)
Replying to Accountant A:
By xtraman88
07th Oct 2014 07:01

Moneysoft Auto Enrolment

5. Then I have to do some cutting and pasting to get Moneysoft's CSV output to be acceptable to either NOW or NEST. Moneysoft includes everyone in this CSV, whether they are autoenrolled or not, or if they've left or not. So there are lots of extraneous lines to be ignored/stripped out.

What happens when you are running payrolls for multiple clients cutting and pasting is a recipe for disaster

The reason it puts everyone on the CSV is that everyone has to be assessed there is no need to remove them from file as the pension provider will only take the ones that have contributed.

Get you next clients who stage to look at Peoples Pension its much easier to use from your perspective.

Thanks (0)