CIS - Ability to add CIS Codes
Have the option to create nominal codes and assign them to CIS returns to allow for more granular review of costs. E.g. Bricklayer expense, Plumber expense etc.
Harriet Smith
shared this idea
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Rebecca Rotheram
commented
I would like this feature for construction retention. Currently I am accruing the retention each month because the Gross should show in the P&L but if I could put retention to the B/S and have CIS tax deducted from that code it would save the hassle to accrue I could put retention straight to the retention liability code,
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Richard Street
commented
I am coming at this from a different angle. We already have our separate nominal codes but we don't use the C.I.S. procedures; it's easy to handle at the moment but, as we start more projects our list of subbies will increase so anything that allows multiple cost headings whilst keeping the C.I.S. functionality would be great. If we could set up a range of Nominal Codes in a block that can re reported that might do the job.
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David Varcoe
commented
This is at times very important on Projects, as the purchase order to the Sub Contractor to allow them to see the cost and the deductions for a job. We then should be able to translate this into the bill to be able to pay once the service is complete. The other companies do the same on their software, and as the orders grow, so does the amount of time we have to spend doing the paperwork,
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Harriet Smith
commented
Provide the option to add new codes and enable CIS deductions. This will allow more granular breakdown of costs without having to do a journal to move them.
E.g. - nominal codes for bricklayer expense, plumber expense, electrician expense etc which automatically do CIS deduction.