When you activate the CIS module in Sage 50 Accounts, this creates several default nominal codes for you to use when you process CIS transactions.
Cause
Resolution
When you activate Sage 50 CIS, you can specify your own CIS nominal codes to use or use the default set by the software.
To view your current CIS nominal codes:
On the menu bar, select Settings, then press Company Preferences.
Select CIS, then press View/Edit Nominal Codes.
The following nominal codes are created and used by default:
Nominal code
Name
Description
6000
CIS Labour
Use to post labour transactions.
6001
CIS Materials
Use to post materials transactions.
6002
CIS Other labour
Use for any labour you want to differentiate from the main labour nominal code.
6100
CIS Other Materials
Use for any materials you want to differentiate from the main materials nominal code.
2101
CIS Tax
The tax automatically posts to this nominal code when you pay the CIS labour invoices.
2102
CIS Tax Liability
The tax automatically transfers from the CIS tax control account into the tax liability when you submit the CIS Return. You can then post the payment to HMRC using this nominal code.
8200
CIS CITB Levy
Use to record any CITB Levy.
NOTE:
If any of the suggested nominal codes are already in use, or are missing, create a new nominal code and transfer any balances if required.
