Construction Industry Scheme (CIS)
Troubleshooting: Construction Industry Scheme
If you don't see the CIS system accounts in ApprovalMax, it indicates that the Organisation is not CIS-enabled. To use CIS transactions, the Organisation needs to have CIS enabled in Xero. Contacts cannot be enabled for CIS through ApprovalMax. This ...
How to create an AR Credit Note with CIS deduction
First, set up an AP Credit Note workflow in ApprovalMax. Then, create a Credit Note in Xero, specify the CIS account for Accounts Receivable, save the request and submit it for approval: Sync the requests from your Xero Organisation to ApprovalMax: ...
How to create a Bill with CIS deduction
If you are a contractor paying subcontractors for construction work, you’ll probably need to make a CIS deduction on such Bills. Xero will automatically calculate the CIS deduction for a Bill (Accounts Payable Invoice) if two conditions are met: The ...
How can I use CIS with ApprovalMax?
Construction Industry Scheme settings for Organisations You need to set up CIS in Xero. To do so, go to the Accounting menu and select Advanced, then open Financial settings. Under Construction Industry Scheme, select whether you are a registered ...
What is the Construction Industry Scheme (CIS)?
In the UK construction industry, contractors and subcontractors are bound by specific rules and regulations outlined in the Construction Industry Scheme (CIS). This scheme governs various aspects of financial management, such as contractor invoices, ...
Construction Industry Scheme (CIS) support
What is CIS? Contractors and subcontractors in the UK construction industry are subject to special rules and regulations within the Construction Industry Scheme (CIS). Under this scheme you can manage contractor invoices, subcontractor bills, file ...