Hi mugelbbub
Thanks for your post! The default CIS accounts are designed to automatically calculate and track the CIS deduction amounts, to take the manual load off you. When you use a CIS account on an invoice to a contractor, this will calculate and post the Less CIS amount to the 'CIS suffered' account; when you use a CIS account on a bill to a subcontractor, this will calculate and post the Less CIS amount to the 'CIS withheld' amount.
Once you mark a bill as paid, this will then post to the CIS return which you can submit directly to HMRC. While you can opt to continue using the specific accounts you've set up if you prefer, the only way to have transactions post to the return would be to use the QB accounts.
We've got a webinar linked here 'QuickBooks Online CIS module for construction users' which you can access to see how to record and report against your contractors and subcontractors.
Please get back to us below if you have any Q's!
