How do I make a credit to the CIS account to correct a mistake made earlier in the financial year, whereby an underpayment and an overpayment amounted to £26.00, in order that the amount payable each month does not have to be reduced by that amount.
I presume that this is a journal entry?, but i am not sure how to do it!
Thanks,
Hi Terry,
Let me make sure I understand. Did you pay less CIS money to HMRC than you should have for a particular month? Then you paid more the next month? Is that correct?
Thanks
