Can some one please help me, I have received a wage subsidy from the Govt

Tereza Pepping
Tereza Pepping Member Posts: 7 Novice Member Novice Member
edited October 2024 in Accounts Hosted
I cant seem to work out where to report it in Reckon, I need the GST on it  to be picked up with the BAS.  

Comments

  • Charley
    Charley Member Posts: 498 Reckon Star Reckon Star
    edited January 2020

    Sales receipt with sales item as wage subsidy but be careful some subsidies don't always have GST, ask the agency (not that they always know either)
  • Zappy
    Zappy Accredited Partner Posts: 5,252 Accredited Partner Accredited Partner
    edited August 2019
    A wage subsidy with GST. Hmmmmmm.I tell ya I cant see it
  • Tereza Pepping
    Tereza Pepping Member Posts: 7 Novice Member Novice Member
    edited December 2018
    Definitely has GST, it's a Recipient Created Tax invoice
  • Tereza Pepping
    Tereza Pepping Member Posts: 7 Novice Member Novice Member
    edited December 2018
    Definitely has GST, it's a Recipient Created Tax invoice
  • Zappy
    Zappy Accredited Partner Posts: 5,252 Accredited Partner Accredited Partner
    edited August 2019
    Whom is the payer?
  • Tereza Pepping
    Tereza Pepping Member Posts: 7 Novice Member Novice Member
    edited December 2018
    It's from the employment agency, government wage subsidy.
  • Charley
    Charley Member Posts: 498 Reckon Star Reckon Star
    edited January 2020

    Generally I agree with Kevin but I've seen it both ways. Tursa generally adds GST and ETC is never sure. If I have to invoice them then I always add it based on the principle that the Agency is GST registered and so are my organisations. I don't think they know what they are doing themselves.
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