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• # 102434
• Sun 02 Nov 2014 03:31 PM

Hello

I have just started using Sage One Accounts for a small limited company and have just been told by Sage that this software doesn't allow for CIS suffered and deducted and I would have to upgrade to the next package which we don't want to do, it doesn't allow you to pick the nominal code on the credit that I can see so I cannot post the credit to a 221* code as I have done with the full package in the past so I am thinking I must be able to journal the amounts across so that it sits in the 221* code, can anyone please give me some assistance with regards to the correct journals for both suffered and deducted?

Thank you in advance for any advice!

Regards

Karen

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• # 102466
• Mon 03 Nov 2014 09:40 PM

Hi Karen

I use Sage Accounts and each month I journal the CIS transactions. Therefore, so long as Sage One has the option to post journals you are ok.

This is how I do it. CIS suffered is journaled to 2214 and CIS withheld is journaled to 2216. I then have the usual entries in 2210 and 2211 for PAYE and NI. I have a nominal 2218 called `HMRC Payment` and on the 6th of each month each of the 4 nominals are journaled to 2218 in order to get them all to zero. This then gives a credit balance in 2218 which is debited on the 22nd when the payment goes to HMRC.

Hope that makes sense

Steve

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• # 102491
• Tue 04 Nov 2014 05:37 PM

Hello Steve

Thank you so much for the help, it does all make sense and answer my question, one further question and sorry if it seems like a stupid one but really want to make sure I start off doing this correctly from the beginning but which nominal code do I start moving it from?

Sorry if that seems stupid this is the first time I have had to journal CIS!

Kind regards

Karen

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• # 102499
• Tue 04 Nov 2014 09:24 PM

Hi Karen

Not sure what you mean by the nominal code to start moving it from.

Steve

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• # 102507
• Tue 04 Nov 2014 11:11 PM

Hi Karen

Just a thought.  If you go to the Help files for Sage One Accounts Extra (rather than Sage One Accounts), then search for "Construction Industry", there are instructions for posting CIS for those using the upgrade package.  This Help section might give you an idea of how to do a workaround journal in Sage One Standard.

Were you able to access the Chart of Accounts where you can create your own new nominal codes?  Are you signing in as the accountant?  Did the Sage help people know you were working as the accountant?

Hel

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• # 102718
• Sun 16 Nov 2014 11:54 AM

Hello Steve

Unfortunately the Sage one software does not let you pick a different nominal code when you raise a sales credit which is where I have always recorded the CIS suffered in the past, if I put a journal on I would need to put the amount suffered as a credit against 2214 but the software is going to debit it against my turnover which is wrong isn't it?

What would be the correct amount to debit it from?

Sorry and thanks for your help, I am not too impressed with the software at the moment!

Regards

Karen

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• # 102719
• Sun 16 Nov 2014 12:19 PM

I have never used sage one but I think I understand your problem. If a credit will only post to sales, then i think I would do that then journal from sales to your cis or HMRC nominal account.  Or could you set up a 'dummy' bank account and post the cis deduction as a payment/receipt. You may then just need to journal out the month end figures into the hmrc liability nominal.

• Anne P
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