My client has some unpaid invoices due to contractor not paying his CIS deductions properly and my query is how do I deal with these invoices? I have entered them into books but don't know how to show they are unpaid at the moment they are included in his income. Or do I not enter them?
You say at the moment that the they are included in his income, so what is the other side of the entry Dr ??????? Cr Sales/Income
As normally if a sale invoice is raised then the entry would be Dr Debtor Cr Sales/Income and the amount would remain outstanding in debtors until it was paid
I agree with Mark, its just ensuring the journal entry is done correctly. Sage is brilliant now for this as theres a CIS contractor payments that you can now use..
