You set up sub-contractors in your purchase ledger, just like you would any other supplier.However, there are extra items that determine how this account is treated.
Set to Y if this supplier is to be treated as a sub-contractor, else leave blank.
If the sub-contractor has a valid tax certificate then enter the certificate number and expiry date here.Without a valid certificate tax is deducted from the invoice for any labour element.
Note
It can be helpful to write a transaction to the purchase ledger when the certificate is presented for enquiry and reporting purposes. You can achieve this using ProFiler to record the certificate details rather than by entering them directly onto the supplier record. A sample ProFiler application is supplied with the accessory, and a certificate entered this way creates a ‘C’ type transaction in the purchase transactions file, that is shown in enquiries but not in the application reports.
Article ID: 1335
Created On: Mon, Jul 2, 2012 at 11:49 AM
Last Updated On: Mon, Jun 19, 2023 at 3:48 PM
Online URL: https://kb.datafile.co.uk/article/sub-contractor-accessory-supplier-maintenance-1335.html