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Hi,
I have been using the T21 Tax Code (CIS Reverse Charge - Standard Rate) for any sales invoices going out and any purchase invoices coming in wherever the Reverse charge applies. Is this correct, do I use the same code for sales and purchase invoices…
Data boxes required
Link to master company - often suppliers belong to the same group of companies but there is no way of linking them
Boxes required on details
Company Registration Number (Currently use Custom Field)
Customer/Supplier Type (ie…
Revenue Commissioners in Ireland require contract and payment notification on ROS for subcontractor invoices. It would be helpful to import or attach these certs to the invoice and subsequent payment. For identification of the relevant notifications an…
Will you be adding anything to the project to show whether it is part of the CIS scheme and therefore the VAT reverse charge, as the project also defines whether the VAT Reverse charge is to be implemented or not.
Will Customers be added to the CIS module to enable us to ensure we can verify them and make sure they are part of the CIS scheme if they are going to be withholding our VAT
Will you be adding a box to tick which maybe states "VAT Reverse charges may apply" when entering sales/customers invoices or maybe if the customer/supplier default tax code is changed to T20 it shows this?
Similar to how the nominal does for CIS transactions…
