We’ve just shipped a small but mighty feature to CIS Manager that should make subcontractors a whole lot happier (and your admin life a bit easier too).
Remittance Advice is now live.
What is it?
It’s a neat little PDF that details all payments made to a subcontractor in a given date range, along with CIS deductions.
Basically: it’s exactly what your subcontractors need to reconcile what you’ve paid them. And yes, you can email it to them straight from the app.
Why it matters
For subcontractors, keeping track of what they’ve been paid (and what’s been deducted) is critical for cash flow and tax returns.
For contractors, not having to manually knock up a remittance summary in Excel or Word saves time, avoids errors, and looks far more professional.
A remittance advice PDF from CIS Manager includes the breakdown of all payments in the period including material costs and CIS deductions (at 0%, 20%, or 30%)
How to use it
- Go to Subcontractors > select one.
- Pick an invoice – the Remittance Advice link is right next to the payment. You can tweak the output by adjusting the date range.
- Download the PDF or email it directly.
It takes about 10 seconds. Subcontractor gets a clean breakdown. You stay compliant and look like you’ve got your act together.
Got feedback?
If you love this, hate this, or want it to do something extra – let us know at hello@cismanager.com.
CIS Manager helps UK contractors and accountants stay on top of CIS compliance without drowning in spreadsheets. If you’re still manually doing CIS deductions and submitting monthly returns the hard way, maybe it’s time to try a better way.
Sign up for free and see how easy CIS compliance can be when the software does the heavy lifting.