Hi Beverly,
I noticed you mentioned you're working with the Chart of Accounts. Are you trying to create one, or do you mean something specific?
Additionally, please note that when you set up a customer under the Construction Industry Scheme (CIS), any transactions linked to that customer, such as invoices or estimates, will automatically be marked as CIS-related. This ensures accurate reporting and compliance with the CIS, which is a tax deduction scheme for construction contractors and subcontractors.
Could you also let me know where specifically you're encountering challenges while correcting your Profit & Loss (P&L) report?
Keep in mind that when working to adjust your P&L report, consulting with your accountant is highly recommended. They can provide expert advice and ensure the corrections are accurate and compliant.
Let me know if you have further concerns.
