Payroll
Pegasus Opera II Payroll
Pegasus Opera II Payroll is all that you would expect from one of the UK's leading Accounting, Payroll and HR providers. Working closely with the Inland Revenue (IR),Central Government and existing customers,the Opera II Payroll & HR solution has been revolutionised; it was the first professional application to gain IR approval for eSubmission (EOY Returns), and has been fully tested and meets the Inland Revenue Payroll Standard.
INTEGRATED ACCOUNTING AND PAYROLL & HR CONTROL
For some businesses it is clear that having a modern and powerful Payroll & HR solution that runs standalone is no longer enough. Pegasus Opera II has been developed to allow the integration of accounting and payroll functions,in order to deliver a wide range of benefits to numerous personnel and departments within a business.
What's more, for manufacturing companies, Pegasus Operations II provides a suite of manufacturing
modules that integrate seamlessly to the Pegasus Opera II Accounting and Payroll solution.
IMPRESSIVE FUNCTIONALITY
The functionality of Opera II Payroll & HR is almost limitless. Opera II provides all the functionality a progressive business requires, reducing manual processes and ultimately saving time. Whether it is multi-frequency processing,automated SSP,SMP and SPP,Attachment Orders,Student Loans or Tax credits, Opera II Payroll provides it all. Inland Revenue requirements are made simpler with automatic calculation via the P32 function,and should you need to correct an NI code,retrospective NI changes are automatic. The Audit Log enables the tracking of key changes by date, user and process, to deliver a trail of updates. Processes,recording and reporting of information is made easy with the use of E-mail,the Internet and links with third party employee-related systems. Opera II Payroll takes the confusion out of the multiple pension schemes available by providing percentage and fixed amounts for Stakeholder deductions, percentage variable AVCs and a variety of schemes for a diverse range of employees’ needs.
COMPREHENSIVE MANAGEMENT OF EMPLOYEE INFORMATION
Up-to-date information on employees is key to the running of a successful HR function. Integrated with Opera II Payroll,Personnel enables the management of all employee-related processes covering recruitment, retention,training,disciplinary actions,absenteeism,job changes and salary updates.
Reducing the number of day-to-day employee queries can result in great time savings. It is possible to automatically notify staff periodically of Personnel-specific information, such as remaining holiday entitlement and sick days.
COMPREHENSIVE EXPENSE AND BENEFIT REPORTING
Manually transferring information from one application to another or onto a paper form will undoubtedly result in mistakes through human error. The Pegasus P11D Solution seamlessly and accurately produces Inland Revenue Approved P11D forms and P9D, P46 Car and S198 Reclaim Letters from the information already entered into Opera II Payroll with obvious benefits.
The following main categories of expense and benefit payments are recorded:
PAYROLL & PERSONNEL REPORTING
It is essential to be able to extract from the system the information needed to run a business. The Payroll and Personnel modules contain an extensive range of reports, while the Reporter module allows the development of customised reports. Complete flexibility is achieved through sophisticated data selection techniques.
INSTANT COMMUNICATIONS
Pegasus Instant Messenger (PIM) is an easy-to-configure instant messaging facility. It provides organisations with the ability to quickly define,via a user-friendly wizard,business rules or criteria which can be monitored on a periodic basis. Processes and issues, such as the escalation of levels of sickness to managers, monitoring holidays and warning if an employee/contractor exceeds agreed salary levels,can be highlighted using a user-definable message or task which is sent automatically to the relevant recipients on the network in a pop-up window. Alternatively, a text or HTML format E-mail can also be sent. PIM also provides online collaboration by allowing users to discuss and respond to business issues and forward pop-up messages, thus enabling organisations to increase efficiency and promote more informed business decisions.
FULLY CUSTOMISABLE FOR INCREASED RETURN ON INVESTMENT
The Opera II Developers' Toolkit allows customisation to fit more closely with the way a company does
business. It can be adapted to fulfil any special requirements; forms can be customised,conditions added to fields and menu structures can be modified. This means that businesses can benefit from a solution that is tailored to meet their exact requirements and can realise a greater return on their initial investment.
eSUBMISSION UTILITY: FULFILLING STATUTORY REPORTING REQUIREMENTS
The eSubmission Utility, with Opera II Payroll, ensures that P35 and P14 information can be sent securely over the Internet, saving time and stationery costs. In an easy, step-by-step format that replicates the familiar P35 form, the eSubmission Utility verifies the data produced during the year, validates it against Inland Revenue standards and submits the information over a secure Internet connection, allowing you to consolidate multiple payrolls into one transmission. Pegasus eSubmission has passed the rigorous testing required by the Inland Revenue for Electronic Exchange of End-of-Year data via the Government Gateway.
The benefits are obvious: