to select, the account to use for the tax payable. This field is required if the Withholding Rate field contains a value greater than zero.Use this screen to set up Construction Industry Scheme (CIS) codes to identify construction subcontractors. These codes are used to track payments to these subcontractors. All payments must be reported to the Inland Revenue.
The CIS codes and account/organization combinations that you set up in this screen will be used as the default accounts for posting CIS withholding.
Use this table window to set up CIS codes.
Use this field to enter a CIS code.
Use this field to enter a descriptive name for this CIS Code.
Use this field to enter a numeric withholding rate for this CIS code. This rate must be greater than or equal to zero; it cannot be a negative number.
Use this field to enter, or use to select, the account to use for the tax payable. This field is required if the Withholding Rate field contains a value greater than zero.
only displays those accounts that are not required for projects.This field displays the descriptive name for this Account.
Use this field to enter, or use to select, the organization that is responsible for paying the tax liability associated with this CIS code. This field is required if the Withholding Rate field contains a value greater than zero.
This field displays the organization name for this Org.
Use this field to enter, or use to select, the appropriate reference number 1 value if AC 1 is being used for data entry.
Use this field to enter, or use to select, the appropriate reference number 2 value if AC 1 is being used for data entry.