Payroll Manager

Payroll Manager by Moneysoft is a payroll software package designed to meet the needs of small and medium-sized enterprises (SMEs), payroll agents, accountants, and CIS contractors. According to the vendor, this HMRC recognized and RTI compliant software offers a range of features to streamline payroll processes and ensure accurate calculations and reporting. Payroll Manager is used by businesses in various industries, including construction, finance, retail, and more.

Key Features

Comprehensive Payroll Software: Payroll Manager is designed to meet the payroll needs of employers, offering a range of features for efficient and accurate payroll processing.

Employee Management: The software provides tools for managing employee payroll information, keeping track of employee details and changes, and storing and updating employee records.

Pay Element Calculation: Payroll Manager includes features for calculating and managing various pay elements, such as statutory payments for sick, maternity, paternity, and adoption.

Tax and National Insurance Calculation: According to the vendor, Payroll Manager automatically calculates tax and National Insurance contributions, keeping businesses up to date with the latest tax legislation and ensuring accurate deductions.

Payment Processing: The software streamlines payroll payments by allowing users to process payments, generate payment reports, and handle various payment methods like bank transfers and cheques.

Payslip Generation: Payroll Manager enables the generation of employee payslips with customizable templates, providing options to print or email payslips directly to employees.

Online Filing: According to the vendor, Payroll Manager facilitates compliance with online filing requirements by allowing users to file Real-Time Information (RTI) submissions directly to HMRC and seamlessly integrating with HMRC systems.

Statutory Pay Calculation: The software accurately calculates statutory sick pay (SSP) and handles maternity pay (SMP), paternity pay (OSPP, ASPP), and adoption pay (SAP) to ensure accurate and timely payment of statutory entitlements.

Employee Onboarding and Offboarding: Payroll Manager simplifies employee onboarding and offboarding processes by managing new employee setup, tax code assignments, processing final payments, and issuing P45 forms.

Workplace Pensions - Automatic Enrolment: According to the vendor, Payroll Manager supports automatic enrollment of workplace pensions, including direct reporting to the government-backed NEST pension scheme, ensuring compliance with pension regulations.