I raised several invoices before changing to Solar. I have just been paid for most of these with a deduction for CIS. This deduction was not shown on the original invoices.
How should I account for the deduction in Solar.
I would prefer not to show CIS in the form provided by Solar and invoice the full labour and materials invoice and leave it to the Contractor to decide if he want to deduct CIS.
Any advice would bve appreciated.
Thanks
Ray
Hi Ray,
An alternative to adding an extra invoice line for the CIS deduction is to record a Credit Note and allocate it to the invoice as described here:
http://www.solaraccounts.co.uk/help/how-to-allocate-a-credit-note.php
If you are registered for VAT, set the VAT Treatment on the credit note to 'Out of Scope'.
Regards,
