Can I install the Tax update if I have already paid my employees?

Summary

This article will help you determine the consequences of installing the tax update if you have already paid employees on Sage Premier and Sage Classic

Description

You find that you need to install the update, however employees have already been paid.

Resolution

It's always advisable to install the update in a new pay period, where employees have not yet been paid. This is to ensure that payroll figures do not change.

The update will apply the new tax tables and force a PAYE recalculation of values, resulting in the employees nett salaries changing.

If you have already paid employees and installed the update, you can choose one of the options to correct your payroll system.

I have already paid my employees in this period and I would prefer to restore the backup to the prior release

You will need to restore the full system backup made before installing the update
Pay your employees for the current period
Reconcile the payroll to the nett salaries that the employees were paid for this period
Roll over to a new processing period
Make a full system backup
Install the update

I have already paid my employees in this period and I would prefer to update my payroll system to the latest release

Print the EMP201 report and the Company Reconciliation report before the update
Make a full system backup
Install the latest update
Update all Companies
Print the EMP201 report and the Company Reconciliation report after the update
Manually adjust the payslip figures to balance back to what was paid to employees on your final payroll
The system will then recalculate the tax on rollover

NOTE: Forced pay and Stop further entry must not be activated when installing the update

Solution Properties

Solution ID: 210304111314610
Last Modified Date: Mon Mar 06 08:51:28 UTC 2023
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