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

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Kaye Ziesemer
Kaye Ziesemer Member Posts: 1
edited June 2020 in Reckon Accounts (Desktop)
Any one know how to enter Job Keeper payments for a Sole Trader?

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  • Linda Benfield
    Linda Benfield Member Posts: 75
    edited May 2020
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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.
  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,131 Accredited Partner Accredited Partner
    edited June 2020
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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...