Cloud accounting software purpose-built for the construction industry
From the foundation to the project handover, account for everything with CIS and domestic VAT charge compliant accounting software, Zoho Books. It's your one-stop solution to track the services and report all the payments made to the construction companies and withhold tax based on the CIS deduction rate of the Sub-contractor.
The all-in-one accounting tool in your construction tool box
CIS-compliant invoices
Zoho Books helps you create customized invoices to send to your contractors and choose the services which are subject tor CIS. Keep track of all your payments with real-time reporting and stay on top of your cash flow game.
Dedicated contact space
You can add subcontractors as vendors to bill them for their services and add contractors as customers to send them invoices. This allows you to manage all of these transactions and payments with ease from one dedicated space within Zoho Books.
Insightful CIS reports
Make informed decisions with a detailed report of all the transactions created under CIS for both contractors and subcontractors, including the total amount subject to deduction and the deducted amount. Add multiple advanced filters to customize the report the way you want to view it.
Easy payment process
Construction projects require timely payments between many stakeholders to maintain healthy business relationships. Record both cash and online payments in your accounts easily, and automate payment reminders for outstanding invoices to reduce late payments.
Stress-free tax season
Let Zoho Books do the heavy lifting while you run your business stress-free. Zoho Books assists in tax deduction while paying out the invoices and applies Domestic Reverse Charge on the respective transaction. Come tax season, you can always produce your payments and deduction statements from Zoho Books.
Solid project management
Create budgets, projects, and sub-tasks to keep your construction organized. Adding crucial tasks to your dashboard makes it easy to monitor them until completion. You can also track the expenses incurred for the project from start to finish, including labor, material, quality control, warranties, and overhead costs.
There's more to Zoho Books than meets the eye.
Add more power to your construction accounting with features like:
Powering thousands of businesses
Filing my VAT returns has never been easier, thanks to Zoho Books and the new HMRC MTD pilot. Two clicks and my VAT returns were submitted to HMRC. With Zoho Books and many other Zoho apps, my business runs efficiently and leaves me more time to focus on my clients and growing my business.
JAMES HOWARD
DIRECTOR, KYTE IT LTD