The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> Book-keeping Software -> Help with how to post a sales invoice including Retention and CIS deduction
Post Info TOPIC: Help with how to post a sales invoice including Retention and CIS deduction
Emviolet


Newbie

Status: Offline
Posts: 1
Date:
Help with how to post a sales invoice including Retention and CIS deduction
Permalink Closed

Hi, 

could someone please help me with how to post the attached to sage? 

many thanks in advance! 



-- Edited by Emviolet on Monday 8th of March 2021 03:11:31 PM

Attachments
__________________
Artois


Guru

Status: Offline
Posts: 1313
Date:
Permalink Closed

 

I don't use Sage, but just post as a normal Invoice with the money received into the bank including CIS, the VAT will go to the output and then transfer the CIS to CIS suffered in the BS, Invoice for the retention when it is due (most never pay it anyway) if you do want to account for it then just transfer it onto the BS as Retention Debtor until paid

Don't forget if Invoice is after 1st March VAT may come under the DRC



__________________

Doug

These are only my opinions of how I see things and therefore should not be taken as advice
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> Book-keeping Software -> Help with how to post a sales invoice including Retention and CIS deduction
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About