CIS Payments From Contractors, Invoices & Tax Deducted At Source

Accounting
1

I would like to know the best way within Quickfile to deal with CIS deductions, ie i invoice a contractor they deduct 20% at source. Although the invoice is paid in full the bank feed will only see the sum minus 20%

2

I’m no expert when it comes to things like this, but it may be worth checking these out:

http://www.qfaccounting.co.uk/detail.aspx?id=4010881 (Old QF Forum)

http://community.quickfile.co.uk/t/cis-payments-help/2198/