Shared Reference

[Bagpipe]

What is the function behind ticking the shared reference box ? See below (if I’ve copied correctly)
I have seen this when tagging bank transactions and am unsure what it does.

CIS - Subcontractors

Introduction This guide explains how to enter your transactions into QuickFile as a CIS Subcontractor. If you invoice a client who is registered under the Construction Industry Scheme (CIS) as a Contractor, then you would always invoice them as normal for the full value of the work done. When you receive payment, this will typically be 20% or 30% less than the invoiced value, depending if you are registered with HMRC as a CIS Subcontractor. This guide will explain in detail how to account for…

[Bagpipe]

[Paul_Courtier]

If you need to split an amount in to two nominals you can either create a reference for both amounts or you can “share” the reference. As in. Use the same one for all nominals

[Bagpipe]

Thank you Paul…nice little feature.