Hi whibbs1 Have you activated the CIS option within the settings and created your subcontractor/supplier and selected the is a subcontractor option and entered the correct CIS deduction percentage? If you have when you create a bill or expense and enter the subcontractors name in the Payee field the relevant CIS percentage account will pre-populate, the less CIS field will appear and once you enter an amount on the line item the CIS amount will be deducted.
i have setup CIS setting add contractor and me as a subcontractor check box ticked
but CIS is not being deducted form the cis lanes
or showing on bottom of the invoice.
IN (TAX CIS it does not show the return details, shows
CIS setup complate
Contractor setup/ complate
subcontractor not set any help please
Let me add some information about CIS so you can review if your setup is correct and ensure the deductions are deducteded, whibbs.
After you've created a transaction, we'll calculate everything for you. To record a paying subcontractor, you'll have to create a bill or expense. You'll need to select your subcontractor for QuickBooks to use the CIS rate and calculate the CIS to deduct(CIS withheld). If materials are a part of this transaction, you can also add these.
In addition, you'll have to record your deductions suffered under CIS and submit the figures to HMRC. Once done, update CIS.
Also, once you have submitted your return in QuickBooks previous periods, including the one you've just submitted, this will be closed. You will not be able to create or edit any CIS transactions in closed periods.
You'll want to browse these help articles in case you need assistance with QuickBooks.
Reply to a comment below if you need further assistance about CIS. We're here to help you in any way. Have a great weekend!
to start with we are a limited company, and are the subcontractor working for contractors
The cis set is setup and the contractor is setup and we are set as a subcontractor, in cis taxes it still shows create subcontractor is this right?.
when we create the invoice cis labour and parts to the contractor, the CIS labour lines shows when enter the amounts to the line the deductions are not being worked out as the cis box at the bottom of screen shows 0.00
I appreciate the things you did and for confirming in setting it up well, @whibbs1.
As I've checked on current searches, our engineers are working to find the cause of this hurdle and fix it as fast as possible. The case code is INV-51852, wherein CIS isn't automatically calculating.
Please contact our support immediately to attach your account to the investigation case. Once fixed, you'll be receiving notifications via email.
In the meantime, you can enter the less CIS that will appear, and once you fill the amount on the line item, it will deduct the CIS amount.
I'm adding these helpful articles to learn more about the CIS feature in the program:
Please drop a comment anytime if you need further assistance with QuickBooks. I'm always around to help. Stay safe and well, whibbs1!