Ive just started using VT cash book and have put all the payments through, how would I allocated the invoices as there is CIS to be allocated, would it be better to do the invoices on separate spread sheet and add the invoices and then the CIS as a liabilty?
I cannot give a direct response as I don't have any CIS contractors but as a more general point I think that you are trying to get too much from what is basically just a cashbook.
To be useful to we as bookkepers you need to look at VT Transaction+ which does far more than VT Cashbook.
Its similar to the fact that VT Transaction+ will produce a P&L but it's no use to an accountant who needs the functionality of VT Accounts.
HTH,
Shaun.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
