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AN INTRODUCTION TO PROSCOPE
POWERED BY
2
CIS Overview
MAKING SUPPLIERS TO THE UK CONSTRUCTION SECTOR FULLY CIS COMPLIANT
Fully Native within NetSuite
Simple Pricing Model (per user per month)
Fully supported for any changes by HMRC
HMRC Recognised for Submissions and Verfication
The only HMRC Recognised NetSuite Native CIS Solution
3
4
CIS Compliance
Vendor Record
MAKING SUPPLIERS TO THE UK CONSTRUCTION SECTOR FULLY CIS COMPLIANT
ProScope HMRC
Withholding
tax on
transactions
Monthly
statement to
sub-contracts
ProScope
1
2 HMRC
Validation check to determine if Subcontract is CIS certified.
Returns the amount to be withheld
Submits monthly CIS amounts to HMRC
Verifying Sub-contractors
Making deductions from payments .
Monthly Declarations
Supplier Statements
HMRC
Internet
Recognition
CIS Suppliers – auto set for withholding after verification
5
Verify Suppliers direct from NetSuite
6
Monthly Submissions direct from NetSuite
7
Full Audit Trail with electronic receipt
8

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ProScope CIS for NetSuite

  • 1. AN INTRODUCTION TO PROSCOPE POWERED BY
  • 2. 2 CIS Overview MAKING SUPPLIERS TO THE UK CONSTRUCTION SECTOR FULLY CIS COMPLIANT Fully Native within NetSuite Simple Pricing Model (per user per month) Fully supported for any changes by HMRC HMRC Recognised for Submissions and Verfication
  • 3. The only HMRC Recognised NetSuite Native CIS Solution 3
  • 4. 4 CIS Compliance Vendor Record MAKING SUPPLIERS TO THE UK CONSTRUCTION SECTOR FULLY CIS COMPLIANT ProScope HMRC Withholding tax on transactions Monthly statement to sub-contracts ProScope 1 2 HMRC Validation check to determine if Subcontract is CIS certified. Returns the amount to be withheld Submits monthly CIS amounts to HMRC Verifying Sub-contractors Making deductions from payments . Monthly Declarations Supplier Statements HMRC Internet Recognition
  • 5. CIS Suppliers – auto set for withholding after verification 5
  • 6. Verify Suppliers direct from NetSuite 6
  • 7. Monthly Submissions direct from NetSuite 7
  • 8. Full Audit Trail with electronic receipt 8