Subcontractors Accounts Software
Subcontractors accounts software like CIA has to deal with a number of unique requirements of the building industry.
CLiP it Solutions have developed their CIS section of the software and have been given official HMRC recognition for the way that the software deals with CIS. All aspects of the CIS scheme are covered within the software from On-line verifications and submissions of monthly returns to the production of monthly statements. A must have for any builders accounting software, saving you much needed time.
In addition to all the usual contact details you can record the subcontractors Public Liability and Employers Liability Insurance details, including expiry dates, which enable warning reports to be generated. Other important subcontractor information can be recorded such as CSCS card details, default retention percentage, VAT registration details (if applicable), CITB deductions (if applicable and all CIS information.
Entering Subcontractor Invoices
Subcontractor invoices can be entered within the same batch as supplier invoices, or entered separatley within their own batch.
You simply enter the subcontractors code and the date of the invoice, the due by date is then automatically calculated for you (from the payment terms held for that subcontractor). This date can be amended or you can choose to put the invoice on "hold" and enter a reason why.
You then enter the Net amount of the invoice and VAT code (this is also a default for the particular subcontractor), the VAT calculated can be over written to cover any rounding differences.
The discount (if applicable) is then entered (again a default for the subcontractor)
Because the job costing is a core element of the Construction Industry Accounts (CIA) there is no need to enter the information more than once. CIA knows what information is required and automatically asks you the relevant questions.
Subcontractor Applications
Subcontractor Applications can be entered with the invoices or separatley
When you certify the Application the system can deduct retentions, discounts, CITB and CIS Tax.
CIA can also produce a Subcontractors Payment Certificate.
See Application Payment Certificate.pdf
Key Features
- Enter Subcontractor Invoices
- Enter Subcontractor Applications
- Record all CIS Details
- Automatically deducts any CIS Tax necessary
- Online CIS Returns
- Online CIS Verification
- Record Subcontractor Insurance details
- Warnings available if Subcontractor Insurance expires
- Record CSCS card details
- Record CITB details
- Subcontractor Retention Diary
- Produce Subcontractor Payment Certificate