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– Open the job you want to deduct CIS from
– Create a CIS suffered item by typing ‘CIS’ in Item Code and CIS Suffered in Item Name
– Add -1 in quantity
– Add the amount you want to remove from the invoice
– Set Tax rate to No VAT
Use this online calculator from V.G. Woodhouse & Co. to work out the deductible CIS
Please note: Check this with your accountant to make sure they’re happy with this method. I take no responsibility for your accounts or CIS process.
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2 Responses
If accountant is not happy with this method as CIS is not a tax, expects another column in addition to the VAT, can this be done?
Not with ServiceM8 – at that point you’re probably better approving as is from ServiceM8 to your accounting package and then making the invoice look as you want it to in your accounting package.