Jobkeeper Reconciliation
Options
Samantha Dwyer
Member Posts: 23 ✭
We have received the first job keeper payment for last month.
What do I reconcile this to? Is it 'Other Income' then do I create a 'Job Keeper' item?
Thanks
What do I reconcile this to? Is it 'Other Income' then do I create a 'Job Keeper' item?
Thanks
0
Comments
-
If you have no other items to go into other income then you could use that account. But I created an income account JobKeeoer reimbursements. This clearly allows me to see what payments are received1
-
Or
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 -
Thanks guys!0
Categories
- All Categories
- 6.4K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 5.9K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.3K Reckon Payroll 🚀
- 21 📢 Reckon Payroll - Announcements
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 3K Reckon One
- 7 📢 Reckon One - Announcements
- 10 Reckon Invoices App
- 14 Reckon Insights
- 107 Reckon API
- 822 Payroll Premier
- 307 Point of Sale
- 1.9K Personal Plus and Home & Business
- 63 About Reckon Community