HR and Payroll Software #opera #3,opera #ii,opera,gold,capital,unity,accounting #software,accounts #software,business #software,accounting,accounts,business,pegasus,uk,ireland,small #businesses,finance,financial,modular,integrated,32bit,32-bit,sme,smes,payroll,human #resources,hr,personnel,general,nominal,management #reports,cashbook,bank #reconciliation,banking,sales,debtors,purchase,inventory,traceability,stock,order #processing,invoicing,purchasing,sop,pop,ecvat,job #costing,costing,fixed #assets,bom,bills #of #material,work #in #progress,edi,crm,vat,bacs,electronic #payments,credit #control,manufacturing,mrp,engineering,distribution,epos,retail,wholesale,multi-currency,multicurrency,multi #currency,emu,euro,single #currency,xml,web #trading,ecommerce,web #reporting,internet,extranet,intranet,paye,ir31,p14/60,p35,inland #revenue #tax #credits,national #insurance,ssp,smp,student #loans,basda,custom #& #excise,windows,nt,resellers,dealers,partners,opera #ii #small #business,opera #ii #enterprise,excel #reporting,integration,excel #accounting #software,reporting,business #intelligence,olap,cube #analysis,performance #management,drill #down,management #accounts


Opera 3 Payroll & HR

  • Multi-user, with Company and Group password control and menu level access restriction
  • Full integration with Opera 3 Document Management
  • Links to the Nominal Ledger, Cashbook and Costing Financial modules of Opera 3
  • Definable cheque and payslip designs to suit Company stationery requirements
  • Create unlimited Companies with unlimited employees per Company
  • Weekly, fortnightly, four weekly and monthly paid employees can be maintained all in one company
  • Employee profiles for efficient employee record creation
  • Employee payment details and payslip images can be retained for up to 999 pay periods
  • Payslips from past periods can be reprinted at any time
  • Employees can be paid via BACS, reducing the time and costs required to process payments
  • Submit Year-End Returns via the Government Gateway using the Pegasus Online Filing Manager
  • In-Year P45(1), P45(3) and P46 file generation for online submission using the Online Filing Manager
  • Filtered Historical employee record processing to current legislative bandwidths
  • Automated Director’s National Insurance calculations
  • Multiple Pension Scheme management
  • Track report on key field changes for the Payroll year using the Audit Log
  • Backup and Restore facility
  • Fully automated SSP, SMP and SPP (Birth) processing and reporting, with complex legislation built in
  • Automated Attachment Orders processing and reporting
  • Retrospective NI code changes with automatic adjustment value calculation and processing
  • Caters for Holiday pay across year-end

Employee Records

  • Address, bank details and holidays
  • Tax and National Insurance To-Date details
  • Payments and deductions – permanent and temporary values, retained units and rates, zero this period facility
  • Quick calculation – showing net pay, total deductions and NI’able earnings
  • Retained History with payslip image drill down
  • Employee photograph attachment
  • Ability to embed documents, spreadsheets etc, via OLE technology


  • Departmental reporting
  • Payslip, cheque and BACS list generation
  • P35, P14 and P60 End-of-Year reports
  • P45(1), P45(3) and P46 In-Year reports
  • P11 Deductions Working Sheet
  • P32 employer’s Payment Record, with payment and funding recording and multi-company consolidation
  • This Period and To Date summaries
  • Comprehensive statutory payments, Attachment Orders and pension contribution reports
  • Additional Reporter module available, for the creation of your own reports


  • Mixed Pension schemes per company
  • Stakeholder Pensions
  • Fixed amount
  • Percentage of definable figure
  • Group Personal Pension
  • COMP
  • COSR
  • Freestanding AVC
  • Up to three different LEL/UEL criteria
  • Employee diary showing sickness, holidays, maternity and compassionate leave, and training
  • Variable employee working patterns reflected within the diary
  • Accurate days, hours and minutes event recording and analysis
  • Keep records for up to 99 years, including job changes and salary updates
  • Pro-rata holiday entitlement and holiday carry-over


  • Comprehensive, context senstive help

Extended Information Sources

  • Export information to Microsoft products such as Word and Excel
  • Send reports via e-mail
  • Payroll administrator and management reports delivered via e-mail
  • Regularly notify staff of remaining holiday entitlement automatically by e-mail
  • Automatically notify managers of Payroll requirement by e-mail

Top 20 Money Saving Tips for 2017 – Money Guide Ireland #top #saving #accounts


After several years of austerity many households in Ireland have seen falls in their disposable income as well as rising bills. Budget 2017 may have resulted in a small amount of extra money in some people s pockets but Money Guide Ireland can help you even more with some useful tips on reducing your bills. By following just 3 or 4 of these tips, an average household should be able to cut their bills by as much as €1000 in just one year. Last year one reader saved enough to pay for flights to New York

Here are our Top 20 Money Saving Tips for 2017

  1. Switch Electricity Supplier
    If you are are an average electricity user, still on the old ESB standard rates you could easily save around €200 in one year by switching supplier. See our Electricity Price Comparison
  • Switch Gas Supplier If you are still with Bord Gais Energy for gas and have never switched you could easily save around €230 on average usage in the first year if you switch your mains gas supplier. See Gas Prices Compared
  • Look out for discount codes and promotional vouchers for online shopping See some of the latest Discount Codes Here .
  • Claim all the government grants you can get: there are grants worth thousands of Euro available for new boilers and insulation. More details Here.
  • Save money on expensive travel insurance we found a difference of €140 in prices for insurance for a 2 week trip to the USA with very similar cover. More here on Travel Insurance Prices
  • Get Cheaper Home Insurance. When your house insurance comes up for renewal don t just stay with the same insurer shop around. Our most recent Home Insurance Comparison showed that savings of about €420 a year could be made by shopping around.
  • Switch Broadband and Phone You could save as much as €220 a year by switching your landline and broadband see more here about the cheapest broadband
  • Switch Your Current Account :It is difficult to avoid paying fees to banks for operating your current account. But there are still some ways to reduce or even avoid bank charges. In our example we found that savings of as much as €200 a year could be made read more here How to get Free Banking in Ireland
  • Zero Percent Interest Credit Cards : If you have a credit card balance that you are finding hard to pay off you could try and transfer the balance to a credit card with a 0% Interest introductory offer. On a balance of €1000 going interest free for 10 months could save you as much as €80 in interest charges. See our list of Interest Free Credit Card Offers
  • Lower Mobile Phone Charges. Move to a cheaper mobile plan with a new network or choose a lower priced option with your current network. Heavy phone users could cut their annual spend by hundreds of euro. See our article on the Cheapest Pay as you Go deals . and SIM only Billpay Bargains
  • Switch Car Insurance a recent survey found that in some cases a quote from the most expensive insurance company could be almost three times higher than the cheapest insurer see more details here
  • Currency Exchange if you are exchanging large sums of currency don t use your own bank to do it for you you will get a better rate from a currency broker or a specialist currency exchange website. On a transaction of 20,000 euro you could typically save €200 See our page about getting the best exchange rates
  • Switch Your Savings Account. If you have savings you should check if you are getting the best interest rate. See our regularly updated list of the Best Interest Rates Here. Some deposit accounts are paying rates as low as 0.01% but you could get a rates of up to 0.65%. Regular Saver Accounts can pay as much as 3%.
  • Get a FREE NCT if you have to wait more than four weeks. Full details here
  • Get some cash for your old Mobile Phone : You might be surprised at how much your old unused phone is worth. See our page about cash for phones here. It might not be a lot but every little helps !
  • Do Online Surveys : Don t waste all your time online checking other people s Facebook you could try and make a few easy Euros instead from online market research surveys. Register here for Online Surveys
  • Switch your Mortgage. Many lenders are offering cashback of up to 3% if you switch your mortgage. Savings of several thousand Euro are possible. See the best mortgage rates here
  • Don t use expensive moneylenders if you are struggling on low income and can t borrow from a bank. Apply for a low interest It Makes Sense loan from a Credit Union. Details Here
  • If you are travelling in Europe remember to get your free EHIC card to avoid possible medical charges if you become ill or have an accident. Details Here
  • For regular tips keep up to date with MoneyguideIreland on Facebook

    AP Automation and Accounts Payable Services #accounts #payable #automation #software


    AP Automation: Accounts Payable Automation

    Inbound documents (such as invoices, packing lists, and bills of lading) can be scanned into the system and cross-indexed with purchase orders for full document chain visibility when required. During scanning, invoice keys for related document cross-indexing can be entered or optically captured to enable rapid access of all documents pertaining to a particular transaction. Documents captured at remote sites can be automatically relayed to a central archive for enterprise-wide access for users with proper authorization, using any Web browser. A sophisticated approval and rules-based system allows administrators to manage user functionality, keeping information sensitive documents secure.

    Pre-defined routings, including conditional routings, may be established for each managed e-document type. Scanned invoices, for example, may be routed to the proper manager for review and approval based on vendor code. Documents found to be in error may be returned to any previous routing step for corrective action. With a centralized A/P system, when a file is requested, its exact location is known and can be retrieved quickly, removing the difficulties associated with a manual system.

    Staff can browse, print, email or fax copies of purchase orders and other payment documents on demand as required, providing more responsive customer service. All activity is tracked within the system, so administrators and view payment history if necessary.

    Easily flag vendors for electronic ACH payment processing with the option of sending e-mail payment notifications. During payment processing, secure laser checks can be printed for vendors who prefer traditional checks as a method of payment. For vendors who desire electronic transfers, transactions are automatically formatted based upon bank specifications, even among multiple banks. Each bank s ACH file specifications are stored in the job rules database, allowing seamless transfer to the required bank without user interaction.

    When a vendor calls regarding the status of payment on an invoice, a service representative can retrieve related documents by simply entering the invoice number. And when a vendor requires a paper copy, documents can be sent directly from the system to the vendor to print on demand.

    To further reduce staff overhead, selected documents can be made accessible to vendors online 24 x 7 via a secure Web browser interface. A vendor may log into the secure document server using their unique user ID and password and have instant access to only those documents they are authorized to view. While logged in, they can determine if payments have been made to an invoice, and view comments added to documents by authenticated individuals.

    Everything You Need to Know about Factoring Contracts #accounts #receivable #factoring #agreement


    The Blog: About Business Cash Flow [Plus]

    Everything You Need to Know about Factoring Contracts

    Posted by Factor Funding Co. on March 8, 2013

    If you’ve been hearing about the benefits of invoice factoring. you might be excited about the prospect of getting your invoices paid early and avoiding some of the typical accounts receivable duties. Some business owners are so anxious to begin the factoring process, though, that they neglect to look over one essential piece of paper: the factoring contract. No matter how good your factoring agreement may sound, the actual contract terms may betray the true costs of your plan. Here is a breakdown of what you should know about invoice factoring contracts.

    Essential Aspects of a Factoring Contract

    There are several aspects to a factoring contract, but you really need to concern yourself with a few principal pieces of information: the contract fees, the contract length, and possible collateral requirements. The biggest issue of your contract may be the stated fees. Factoring fees vary widely from company to company. Some firms may only charge two to three percent, while others can have rates as high as ten percent or more.

    Another important part of the factoring contract is the stated term. One of the biggest benefits of invoice factoring is its flexibility, but if your contract stipulates that you factor invoices for a certain length of time, you may lose the flexible funding that factoring should provide. Be sure to look for any contract term requirements.

    Yet another contract area for attention is the issue of collateral. It’s true that invoice factoring is not a loan, but if your customers’ credit history is sketchy, you may have to put up something of value to guarantee their repayment of the factoring advance.

    Possible Areas of Concern

    Even if you find that these particular issues are handled satisfactorily in your contract, there may be other areas of concern. For example, will you be held liable in the event that your customers default on their invoices? If so, you may want to request a non-recourse factoring option that will absolve you from responsibility in this case. Another question may relate to the number of invoices you will be expected to factor each month. If your contract requires that you meet a certain invoice threshold, make sure that your business generates enough sales to allow you to satisfy these terms.

    Before you sign your invoice factoring contract, take the time to familiarize yourself with these essential parts of your terms. If you do, you won’t be blindsided by any hidden dangers in your factoring contract.

    Accounts payable financial definition of accounts payable #accounts #receivable #factoring #definition


    accounts payable

    Money owed to suppliers.

    Accounts Payable

    1. Money owed for a good or service purchased on credit. Accounts payable are a current liability for a company and are expected to be paid within a short amount of time, often 10, 30, or 90 days.

    accounts payable

    Money a business owes to others. Accounts payable are current liabilities incurred in the normal course of business as a firm purchases goods or services with the understanding that payment is due at a later date. If a firm pays cash for all of its purchases, no accounts payable will appear on that firm’s balance sheet.

    accounts payable

    Link to this page:

    To learn more about Procurify Accounts Payable user-driven, easy-to-use mobile and cloud platform, visit http://www.

    With its Accounts Payable and full suite of cloud-based business automation solutions, SciQuest is empowering higher education institutions like The University of Montana to turn spending into a source of savings.

    They are advanced users of our FirstStrike(R) suite of accounts payable software and regular participants in the APEX Analytix Benchmark Survey for global accounts payable organizations, consistently outranking their large, multinational peer companies in key areas of the survey.

    Database software can analyze the accounts payable data files to identify purchases in which overpayments of tax would most likely occur.

    Paper invoice processing presents an enormous opportunity to deliver cost savings and efficiency improvements to an organization’s accounts payable department,” said Max Leisten, market director, SciQuest.

    Daily news e-alerts, online forums, case studies, webinars, an annual members conference, publication excerpts, and job boards augment a massive online library IOMA has accumulated over 12 years of research into the accounts payable area.

    Data Importing/Exporting — New importing features make payroll setups easier–bringing in set-up data from Microsoft Excel[R] or comma-separated values (CSV) files, sending data to clients or vendors, sending general ledger data in CSV or QuickBooks[R] format, sending positive pay to a bank, importing bank deposits, importing accounts payable vendors, etc.

    NASDAQ: SQI) a leading provider of on-demand source-to-settle solutions, today announced a new Accounts Payable offering as part of its “source-to-settle” solution suite.

    com)– Corcentric, a leading provider of Accounts Payable automation solutions, today announced Rob DeVincent, VP of Product Marketing for Corcentric, will be speaking at IQPC’s 2011 Finance Transformation conference.

    The Accounts Payable Network (TAPN), an Atlanta-based provider of Web-based A/P services, research and tools, has released a full-fledged version of its Tools Suite.

    DALLAS, June 22 /PRNewswire/ — Global 360, a leading provider of business process management (BPM) and optimization solutions, today announced the addition of an Accounts Payable Solution Template to its Global 360 Enterprise BPM suite.

    With ASPEN for Accounts Payable. we’re taking on the most labor-intensive elements of invoice processing,” said Rick Kushel, President and CEO of Fairfield, N.

    Savings – Checking Accounts Advice, best interest bank accounts.#Best #interest #bank #accounts


    Savings & Checking – Finding the best accounts

    Best interest bank accounts

    How much do you need for the down payment on a house, your kid’s college education or retirement? Set a goal and this calculator will show how much you must set aside each month to achieve it.

    Savings Checking Advice

    Just as blood pressure and cholesterol are valuable measures of your physical well-being, we’ve come up with the critical numbers you need to track the state of your financial health.

    August 17th 2017

    Here’s how to reap lots of lasting benefits, and a fair amount of immediate satisfaction, from that money. Check out all of the ideas, and pick the best one for you.

    It’s still one of the best ways to tell how much monthly income you can generate from your nest egg without having to worry about outliving your savings.

    The Federal Reserve raised interest rates for the second time in a decade. Could this shove interest rates for CDs and bank accounts in the right direction?

    The Federal Reserve again decided against raising interest rates Wednesday, sending the clearest signal yet that rate increases are likely to be few and far between for the foreseeable future.

    Here’s the column that gives savvy savers lots of provocative news and information to use and discuss on the road to financial security.

    One of these tax-free college savings plans might be exactly what you need to help your kid through school. Although each plan is sponsored by a state, you don’t have to live there, or ever enroll there, to take advantage of the very best 529 plans in the entire country.

    The Affordable Care Act was intended to provide dreamers and schemers with the guaranteed, affordable coverage they need to strike out on their own. Enrollment for 2015 starts this month, so now’s the time for aspiring entrepreneurs to check rates and make plans.

    We’ll not only show you how to find or calculate these measures, but provide some simple guidelines that will help you gauge your progress.

    There’s still time to provide a decent retirement for yourself. You’ll just have set aside more of your earnings, consider some savings-stretching options and maybe work a little longer.

    Pensions & Investments – The International Newspaper of Money Management, how money market accounts work.#How #money #market #accounts #work


    Puerto Rico governor signs pension reform law

    Puerto Rico has passed pension reforms that include making payments to the depleted DB system from general revenues, and creating a DC plan.

    Puerto Rico seeks bankruptcy protection
    Puerto Rico pension participants sue to stop cuts
    Puerto Rico oversight board approves fiscal plan with pension changes

    How money market accounts work

    Louisiana State Employees posts 15.8% fiscal-year return

    Yellen issues broad defense of post-crisis financial rules

    NCR Corp. offers lump sum to vested former employees in latest derisking action

    How money market accounts work

    Texas pension funds prepare for Hurricane Harvey

    How money market accounts work

    2 Societe Generale bankers indicted by U.S. Justice Department for LIBOR actions

    How money market accounts work

    S capture the upside with downside protection

    Small DC plans see big drops in fees

    Small defined contribution plans, those with fewer than 1,000 participants, decreased the median per-participant fee $13 in 2017 from 2016’s median, according to NEPC’s 2017 DC plan survey. Larger plans, those with more than 10,000 participants, have seemed to squeeze their providers to their limits as median fees were unchanged.

    Commentary: Toward simplicity in asset valuation models

    How money market accounts work

    Sears transfers $512 million in pension liabilities in second annuity buyout with MetLife

    How money market accounts work

    4 members of New Mexico State Investment Council sanctioned

    How money market accounts work

    Texas Employees ramps up alts in new asset allocation, reduces assumed rate of return

    How money market accounts work


    Puerto Rico governor signs pension reform law
    Louisiana State Employees posts 15.8% fiscal-year return
    LATEST P ?>

    Grandparents Faqs on 529s – College Savings for Grandchildren #grandchildren #savings #accounts



    Looking to contribute to your grandchild’s college fund? You’ve come to the right place.

    According to a 2014 survey released by Fidelity, 72 percent of grandparents feel that it is important to help pay for their grandchildren’s college education. This page is dedicated to helping those grandparents understand the unique benefits of 529 college savings plans and the best ways to give their grandchildren a chance for success.

    Grandparents’ Common Concerns

    Featured Articles for Grandparents

    What grandparents need to know about the new FAFSA rules
    Learn how recent changes to the FAFSA could make it easier for some grandparents to help pay for college without impacting the student’s financial aid eligibility.
    Read More

    5 year end tax tips for college savers
    Parents and grandparents who use 529 plans to save for college are eligible for a number of tax benefits. This checklist will help you maximize your savings in 2016.
    Read More

    Eight reasons why grandparents love 529 plans
    If you�re a grandparent there are a variety of different ways you can help pay for college. Here are eight reasons why we think saving with a 529 plan could be your best bet.
    Read More

    10 easy ways grandparents can help pay for college
    One way grandparents can help their grandchildren on their journey to becoming successful adults is to help fund their college education. Here are ten ways to do this, and the risks and benefits of each.
    Read More

    Structuring your 529 investment

    Tax Planning Issues