Business needs to be able to generate CIS Payment statements monthly.

The following functionality is required:

  • Electronic reporting configuration for CIS payment and deduction statement.
  • Standard Electronic report that is compliant with HMRC format, to be downloaded from MS as required.
  • Mechanism to define Print management for CIS payment and deduction statement. Suppliers would like this statement to be emailed.
  • Correct information on CIS statement, this is currently blank unless you run each statement from a payment line against an individual supplier.
  • Mechanism to generate CIS statements at month.

Payment and deduction statement - GOV.UK (www.gov.uk)

Category: Tax