Pegasus CIS
How Can Pegasus Construction Industry Solutions Help
Pegasus Construction Industry Solution comes with a Subcontractors module that allows you to setup subcontractors details and assign their CIS status. When a Payment Application or subcontractor timesheet is recorded, the system will automatically calculate their tax liability based on this CIS status. Should you decide to certify and pay a subcontractor, Pegasus CIS will produce the payment certificate together with the cheque or BACS output. When it comes to producing the CIS300 Monthly Return, Pegasus CIS will accurately give you all the details of the payments and deductions made to subcontractors in that month. This data can be submitted electronically to HMRC or you can take the figures and enter the information online or onto the paper return. You need never be late with this return when using Pegasus CIS!
However, Pegasus CIS offers much more than a Subcontractors Ledger, it is a contract costing system that has been specifically designed for the construction industry. Not only does it control all of the costs of a contract, it also controls all of the revenue so that you can see the financial performance of all of your contracts. As part of the Contracts Sales Ledger the system allows you to enter Payment Applications, print, certify and produce the associated invoices, handling both the retentions and main contractor discounts.
Pegasus CIS is a powerful contract costing system designed to give you complete management control over your contracts. It controls the whole process from Payment Applications and invoicing through to cost entries from subcontractors, purchases, stock, labour etc. Pegasus CIS comes with state-of-the-art data analysis and reporting tools that provides you with the information you need when you need it.
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