Thanks for dropping by, @palmbuild. Let me share some information about CIS payments in QuickBooks Self-Employed (QBSE).
You can mark this transaction as income if you're using QBSE. To keep your records in order, I recommend contacting your accountant or tax professional advisor to confirm which category to utilize.
Creating a CIS transaction in QuickBooks Online is the same as creating a regular transaction. We'll calculate everything for you if you have CIS switched on.
Here's a great reference to learn more about how CIS works in QuickBooks Online: CIS in QuickBooks Online.
Have other questions in mind? Post them below, and I'll get back to you. Take care and have a great day!
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