CIS Deductable and I invoice a contractor each week

You can use the CIS feature in QuickBooks by first enabling it in the Account and Settings option. Allow me to show you how to do it, @daveandbecki.

1. Go to the Gear icon.
2. Click the Account and Settings option, then select the Advanced menu.
3. Turn on the Construction Industry Scheme (CIS), then you'll be required to enter your UTR no., Employer's PAYE reference no., and Accounts Office reference no.
4. Hit the Save button and choose Done.

Please note that once CIS is turned on in QuickBooks, you can't switch it off. For more information about it, please check out the What happens when I turn on CIS? section in this article: Turn on CIS in QBO.

Once you're done setting up the CIS in QuickBooks, you can now establish the base deduction rate that will apply to your contractor's transactions. This will also help you automate invoice deductions each week for your contractor.

Furthermore, you can use the CIS Suffered Summary report to assist you with tax preparation.

If you have further questions about the CIS feature in QuickBooks, feel free to leave a comment. The Community is here to assist you 24/7.