paying jobkeeper top up

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  • Updated 2 months ago
Hello Community,

I am not very good at explaining myself but I will give it a go.

I unlocked all my fortnightly pays and added the top up amounts for each employee. They are sitting in a new sub-expense account under payroll expense. They received their pays at the time and now I just have to pay each of them the top up. How do I do this in Reckon Hosted? I can't create a new ABA file as that brings in the whole pay again, including the top up. Do I do journals? I have no idea. I have lodged all the STP's with the new figures, so that is all correct, it is the payment that is confusing me.

Regards Jules
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Julie Dinsdale

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Posted 2 months ago

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Glenda Veale

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You will need to do manual payments to the bank for the difference in the net pay. 
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Julie Dinsdale

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Thanks, I am going to do a manual payment, however how do I account for it in Reckon Hosted? If I write a cheque to each employee, that will increase the expense account, which I don't want to do as the expense was accounted for when I unlocked the pays and added in the JobKeeper top up.

Regards Jules
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Glenda Veale

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No need to enter in Reckon as you have already done the wages entry.  Just pay through bank account and then use both amounts when reconciling the bank accounts.  
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Julie Dinsdale

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Oh, O.K, thanks for that.

Been having some real blonde moments in iso :)

Kindest regards Jules