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  • How to set up equipment on Sage 50 Premium to track expenses?

    How to set up equipment on Sage 50 Premium to track expenses (finance payment, maintenance, repairs, etc) towards the equipment, but also be able to cost a pre-determined hourly rate to a project ID cost code? Hopefully I can explain this clearly. I…

  • Webinar - CIS - Part 2 - Domestic Reverse Charge - Recording now available

    In this session we'll look at CIS Domestic Reverse Charge and how to process it in Sage 50 Accounts. This session has now taken place, but don't worry you can catch up with a recording: Open the recorded webinars article View slides from today's presentation…

  • Webinar - CIS - Part 1 - Recording now available

    Learn how to set up and process CIS in Sage 50 Accounts. CIS will be explored from both contractor and sub-contractor perspectives. This webinar has now taken place, but don't worry if you missed it, you can catch up with a recording View slides…

  • I'm a new Controller for a Construction company and wondering if should continue using SAGE50

    I just got hire as the new Controller for a construction company with about $20M to $30M in annual revenue and they are using sage 50. I'm not familiar with SAGE and wondering if it's the right accounting software to use. I don't want to spend months…

  • Sage 50 CIS - A guide to the Construction Industry Scheme (CIS v2)

    If you carry out construction work in the UK as a contractor and you're registered with the Construction Industry Scheme (CIS), the Sage 50 CIS v2 module for Sage 50cloud Accounts is here to help. It helps you keep up to date and compliant with Construction…

  • How to process sales application for payments

    I have an architect client that I am going to migrate from Sage 50 to Business Cloud, this type of business is one of the many that use Applications for Payment instead of Sales invoices, much like lawyers and construction companies. Currently I issue…

  • Domestic Reverse Charge - New VAT rules for construction services in March 2021

    The way in which VAT is charged on construction services will change from March 2021, as a result of new anti-fraud rules being introduced by HM Revenue and Customs (HMRC). Read more >

  • HMRC delay the introduction of domestic CIS Reverse charge for construction services

    The introduction of the domestic reverse charge for construction services will be delayed for a period of 5 months from 1 October 2020 until 1 March 2021 due to the impact of the coronavirus pandemic on the construction sector. Read more >

  • Online time sheets for construction company

    Hello We are a construction company using sage payroll50. At present our 19 construction site workers hand in weekly paper time sheets that we calculate and enter into sage payroll. We also then use sage job costing after to book/allocate the hours…

  • Construction Industry Scheme (CIS)

    If you're working with CIS in Sage 50cloud Accounts, we've developed an online Support Topic to help you get to grips with this subject. We've published advice for both main contractors and subcontractors. Why not bookmark the topic today for future…

  • Using customer relationship data to attract new business

    Running a successful construction company requires understanding the importance of relationships and how those interactions drive new business. In fact, for most contractors, the largest source of revenue comes from repeat business and referrals. With…

  • Domestic reverse charge VAT for construction services - Changes delayed until October 2020

    The way in which VAT is charged on construction services was due to change on October 1 2019, but after consulting with businesses in the construction sector, HMRC announced a 12 month delay to allow businesses to prepare. Read more >

  • VAT Domestic Reverse Charge for construction industry

    Hi, I'm aware that the Domestic Reverse Charge for VAT is being introduced for construction businesses from 1 October 2019 and am just wondering if there will be any updates to Sage's desktop and cloud accounting packages to assist with this and ensure…

  • Customer spotlight - Kingsmen Construction services

    The construction industry has suffered in the recent economic climate, but is vital for the UK’s economic growth. It underpins the housing market and is a major contributor to GDP, responsible for 6% directly. We asked Chloe Baker, a Sage Cover member…

  • Is there a Chart of Accounts and nominal codes template specific for small construction companies?

    Hi everyone, I am new to bookkeeping and the forum and would be really grateful for some help. I am setting up accounts using Sage 50 for the first time, for my husbands small construction company. Is there a template Chart of Accounts and nominal…

  • Progress Billing Part I.

    In the construction business, companies typically invoice customers using the Percent of Contract or Percent of Completion billing methods. This type of invoicing is a series of invoices that are prepared at different stages of a major project so that…

  • To Test or Not to Test, That is the Question....

    Testing and recreating issues/workflows is one of the fundamental troubleshooting tools we use at support. Testing your issue allows us to gather information on resolving your problem. We then use that information to create support knowledgebase articles…

  • Construction Account Customer Billing Methods

    New account, this one we will doing all quotes, billing and job costing ect for client. They have several jobs already in progress, some billed some not. For those I have not completed a quote/proposal since already in progress. Two are complete that…

  • Construction Management

    Hello. We are currently using Sage BusinessVision Accounting - Standard v7.61, and I am wondering if there is any modules available to help organize our project management. We've been using Outlook calendar that is sync to the cloud, but it is very lean…

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