Hi there, Weston.
Once the CIS feature in QuickBooks is turned on, our system will automatically calculate and deduct the payment due to HRMC.
Since you deducted the CIS from your subcontractors before paying them, you'll need to create a bill or expense and enter the whole amount you paid from them. Then, I suggest selecting the CIS Withheld account so the system will calculate everything for you. This way, you're able to stop the CIS deducted twice.
Here's how:
- Click the Plus icon and choose Expense or Bill.
- Enter the name in the supplier field.
- Select the bank account and choose the date the payment was made.
- In the table section, under the Account column select the CIS Withheld account.
- Enter the amount you have paid.
- Select Save and Close.
For additional information, you can refer to the articles below:
This will get you on the right track. Fill me in if you have any other concerns about the CIS in QBO. I'll be around to help. Wishing you and your business continued success.
