jobkeeper payment received

Julie C
Julie C Member Posts: 73 Reckoner Reckoner
edited June 2020 in Accounts Hosted
How is the Jobkeeper payment processed once received from the ATO?

Comments

  • Bruce
    Bruce Member Posts: 444 Professional Partner Professional Partner
    edited June 2020
    Deposit to bank with a credit to a new "other income" account called JobKeeper subsidy or similar
  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,106 Accredited Partner Accredited Partner
    edited June 2020
    https://community.reckon.com/reckon/topics/jobkeeper-deposits-received-from-ato-entering-in-your-rec...
  • Julie C
    Julie C Member Posts: 73 Reckoner Reckoner
    edited May 2020
    Thanks Bruce:-)
  • Julie C
    Julie C Member Posts: 73 Reckoner Reckoner
    edited May 2020
    Thanks Linda.  The thread was very useful and answered my questions #staysafe
  • Julie C
    Julie C Member Posts: 73 Reckoner Reckoner
    edited May 2020
    Linda, do I set up a new customer for who the payment is received from (ie: Victorian State Govt etc)
  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,106 Accredited Partner Accredited Partner
    edited May 2020
    A customer isnt required for a Make Deposit entry - its probably not worth it for a one time only usage...  just put details in the Memo... 

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