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

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  • Updated 2 months ago
Any one know how to enter Job Keeper payments for a Sole Trader?
Photo of Kaye Ziesemer

Kaye Ziesemer

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Posted 2 months ago

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Photo of Linda Benfield

Linda Benfield, Accredited Partner

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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.
Photo of Linda Putland

Linda Putland, Accredited Partner

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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...
(Edited)