Enter CIS invoices
Posting CIS invoices from subcontractors is largely the same as for any other supplier.
Pay your subcontractors and make deductions
When you post an invoice from a subcontractor, the full balance of the invoice shows as outstanding on the subcontractor record. Any required deduction applies automatically when you pay the invoice from the subcontractor.
Allocate credit notes to CIS invoices
To allocate a CIS invoice and credit note together, they must use the same type of nominal code, either both CIS taxable or both non-taxable.
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Sage 50 Accounts CIS module
The Sage 50 CIS module for 50 Accounts is fully compliant with CIS legislation. You can use it to produce CIS Returns and submit them to HMRC online.
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