Any one know how to enter Job Keeper payments for a Sole Trader?

Kaye Ziesemer
Member Posts: 1 Novice Member

Any one know how to enter Job Keeper payments for a Sole Trader?
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Hi Kaye,
Create a new "other Income" Account called JobKeeper Subsidy... No tax code.
Go to Item List and create a new Item called "JobKeeper Subsidy" (No tax code.) and link to new account above.
Create a Sales Receipt and create a new Customer called JobKeeper Subsidy
use the new item and enter the amount received $3000.00 choose the bank account at the bottom that the subsidy was received in to and save and Close.
Regards
Linda
This is just one way but it works fine.0 -
Hi Kaye - there is also another way it can be done without creating an item and using a sales receipt. See https://community.reckon.com/reckon/topics/jobkeeper-deposits-received-from-ato-entering-in-your-rec...1