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Frequent Contributor *

How do I enter an amount for materials when entering a subcontractor CIS bill?

I have tried entering the materials on a separate line, below the CIS standard rate line. But the CIS tax (automatically calculated) doesn't reduce to reflect the materials deduction.
Solved
Best answer 08-20-2019

Accepted Solutions
QuickBooks Team

Re: How do I enter an amount for materials when entering a subcontractor CIS bill?


Hi AB111

 

CIS is only deducted on the labour proportion of the of the transaction. You can of cousre add VAT to the materials line if it is applicable

View solution in original post

2 REPLIES 2
QuickBooks Team

Re: How do I enter an amount for materials when entering a subcontractor CIS bill?


Hi AB111

 

CIS is only deducted on the labour proportion of the of the transaction. You can of cousre add VAT to the materials line if it is applicable

View solution in original post

Frequent Contributor *

Re: How do I enter an amount for materials when entering a subcontractor CIS bill?

Hi John, many thanks for your quick response. Yes, deductions on labour only.

Having spent some time trying to work out what I was doing wrong I sent my question in. The moment I hit send I realised what I was doing wrong, of course! It was me, getting it wrong. All correct now though.

Thanks again for your help.