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CIS Subcontractors

Subcontractors Ledger has been designed to assist contracting companies that use subcontractors to ensure that the legislative requirements of the UK and Irish CIS taxation schemes for the construction industry are met and that subcontractors are paid accurately and on time.

Features
Supports the legislative requirements of the UK and Irish CIS schemes and the New CIS introduced in April 2007
Contract payment terms, retention and discount percentages and retention release dates
CIS and RCT registration details
Insurance expiry
Subcontractor Purchase Orders
Payment Certificates and Self-Billing Invoices
Automatic calculation of retention, VAT and Tax
Deferred VAT and Tax
Subcontractor Timesheets
Aged Creditor Analysis by contract
Comprehensive enquiries by subcontractor and contract
Integration with Sage Line 500 and Sage 1000 Financial and Distribution modules