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How to run CIS reports in QuickBooks Online

SOLVEDby QuickBooks53Updated almost 2 years ago

There are three reports available in QuickBooks Online for CIS (Construction Industry Scheme). These reports will show on a Cash Basis following the HM Revenue and Customs (HMRC) guidelines.

1. CIS contractor monthly statement (300)

This is a monthly return that all contractors must complete and submit to HMRC. It should contain details of the payments made to subcontractors. 

To run this report in QuickBooks:

  1. Go to Reports.
  2. Find the Manage Construction Industry Scheme (CIS) section.
  3. Select CIS Contractor Monthly Statement (CIS 300) to open the report.

2. CIS payment and deduction statement

This report can be created on a monthly basis to send to subcontractors. Using this report, subcontractors can see a full statement to break down all the payments and deductions.

Note: We are working on improving the format for these statements.

Once the CIS period has been submitted to HMRC, you can no longer export individual reports but there is a workaround. All you need to do is:

  1. Go to Reports.
  2. Find the Manage Construction Industry Scheme (CIS) section.
  3. Run the CIS Payment and Deduction Statement report.
  4. Select Customise.
  5. Filter by Supplier.
  6. Run report.

3. CIS suffered summary

This report shows you a summary of the CIS deductions withheld by your contractors for the selected period. To run this report in QuickBooks:

  1. Go to Reports.
  2. Find the Manage Construction Industry Scheme (CIS) section.
  3. Select CIS Suffered Summary to open the report.
  4. Adjust the dates and details as necessary and Run the report.

Check out the CIS guide for more help.

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