CIS and VT cashbook...

Hi,
I'm new to VT cashbook and wondered if someone may have experience of this? Not sure how to record a payment received where the CIS deduction has been made? Any help greatly appreciated!!
Many thanks in advance
Lucy
I'm new to VT cashbook and wondered if someone may have experience of this? Not sure how to record a payment received where the CIS deduction has been made? Any help greatly appreciated!!
Many thanks in advance
Lucy
0
Comments
Thank you, think this is the some as Stevo5678 answered on the other post (still not sure why it posted twice..)
''All you do is record the amount received in the bank as a normal receipt and the put the gross amount (add the 20% back on) in the 'analysis' box (to sales). VT will automatically create an extra line for the balance (the 20% CIS). You then just post the CIS separate to tax debtor code or however you want to show it.''
Many thanks for taking the time!
Lucy