UK Payroll - CIS Suffered Report, Correct Xero to allocate credit notes correctly
IDEA - CIS suffered report to calculate the CIS suffered correctly.
ISSUE - If you apply a credit note to an invoice that has both CIS labour and CIS materials, Xero does not calculate the CIS suffered correctly. Even though the credit note is coded to the correct nominal code, Xero doesn't recognise this. This causes the CIS suffered report to reduce the deduction amount which is incorrect. This means the figure you submit to HMRC is lower than it should be. Meaning less of a refund of CIS suffered than it actually should be.
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Lorraine Earnshaw
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