Sage 50 Construction
Financial and operational contract management software based on Sage 50 Accounts. Designed to monitor contract costs and budgets while streamlining processes between contractors, subcontractors and HMRC to help businesses run at optimal efficiency and profitability.Key Features
Control your costs
Take complete control of your contract costs, meet your budget and track subcontractors
Comply with government legislation
Meet statutory requirements with up-to-date legislation
Share information
Store important financial information centrally in one system
Improve cashflow management
Record valuations, applications for payment and retentions so no unforeseen costs ariseProvide accurate quotations
Generate quotes and then convert them into contracts in just a few clicks-
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Control your costs
Easily control costs, meet contract budgets, track subcontractors and generate materials and plant hire purchase orders and delivery notes.
- Gain instant access to vital management information: Using an almost unlimited number of contract cost elements, grouped in multi-level sections, at any stage of a contract.
- Quickly analyse your data: Subcontractor self-billing, client invoicing and both sales and purchase retention tracking make it easy to track sales and profit allowing you to get on with running your business your way.
- Detailed analytics when you need it: Examine your analysis codes and groups all the way down to transaction level, enabling you to view all the detailed information you need.
- Identify trends and act on them: Automate monitoring of actual costs against estimated/budget costs, ensuring that overspends are immediately highlighted so that you can react quickly to bring it back under control.
- Maintain full cost control: Manage purchase order processing from order generation, through goods received and on/off-hire notes, to purchase invoice, checking budgets, quantities and rates.
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Comply with government legislation
Accurate recording, verifying and reporting of subcontractor tax (CIS).
- Improve accuracy through automating your processes: Remove the need to contact HMRC via telephone and maintain manual records, reducing the risk of transposition errors that may lead to a higher tax rate.
- Quickly and easily submit returns online: Generate and submit monthly return of tax deducted to support payment to HMRC via the Internet Submissions module.
- Automate processes: Record applications and generate both self-billing and authenticated receipts, with automated retentions, CITB deductions, discounts and CIS processing.
- Complex processing made easy: Handle complex VAT requirements through certification and payment receipts processes including retentions and discounts.
- Save money by only making payments when you need to: Defer VAT, in accordance with HMRC, until payment date or authenticated receipt.
- Stay compliant: Complies with Irish RTC tax scheme, including multiple RCT tax rates and also complies with Irish Reverse Charge VAT scheme.
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Share information
Integration with Sage 50 Accounts and Payroll brings allows you to share information throughout your business.
- Transfer key information to your Payroll: Payroll and non-payroll timesheets can be entered with batch processing to eliminate repeat entry, reducing processing time and your overheads.
- Improve control of your costs: Provide control of labour committed costs, with works order and timesheet matching.
- Save time and money: Reduce paperwork and improve accuracy, by transferring all information into contracts, without the need for re-keying data.
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Improve cashflow management
Valuations, applications for payment and money retained from customers or sub-contractors (retentions) are tracked and analysed, giving you quick, accurate billing information.
- Better financial control: Deduct,record and report on both subcontract and sales retentions ensuring liabilities are reduced and outstanding monies are claimed.
- Easy reporting: Assist credit control by generating reports showing monies applied for, certified and paid, by client and/or contract.
- Faster processing: Speed-up cash entry and analysis direct to bank accounts.
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Provide accurate quotations
A simplified solution for processing tenders and quotations from enquiry register, through subcontract enquiry and comparison, to tender submission.
- Store all your quote details in an easy-to-use system: Log all enquiries with contact, site and return date details.
- See all your data in one place: Produce multi-level sections and composites, and an almost unlimited number of items, within a library that allows the user to build sub-libraries of rates, sections or even whole quotes for insertion.
- Easily analyse your data: Compare purchase and actual costs on won contracts, for detailed feedback for future tendering.
- Drill-down into more detailed data: Interrogate your database for suitable suppliers or subcontractors by trade and/or region, generating simple detailed enquiries and comparing prices on screen when quotes are returned.
- Flexible billing to suit your needs: Flexible bill structures enable budgeting and costing by plot or unit, with separate sections for general site costs, communal areas, etc.
Get in touch
* Calls to this number cost the same as a local call from a BT landline. Calls from other providers may vary.
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Contact the Sage experts:
0845 080 4940* -
Contact the Construction sales team
Got questions?
I need something to handle applications for payment and retentions. Would Sage 50 Construction be the right program for me?
