Please give some instructions on how to process monthly Jobkeeper

Fiona Christoff
Fiona Christoff Member Posts: 10 ✭
edited June 2020 in Accounts Hosted
Jobkeeper monthly payments.  Is it $3000 or $3250 as they recommend in Quickbooks.  Also some examples of how to complete this would be great.
Likewise an example of how to deal with employees that don't get the Top up.  Do we just put in the start date code and that's it?  Please advise.

Comments

  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,131 Accredited Partner Accredited Partner
    edited June 2020
    Its important that you read all the info provided here https://help.reckon.com/article/37pwpj1499-what-is-jobkeeper-payment

    and then apply to your situation... the amount is $1500 per fortnight - so $3k for April, May, June, July & September - and $4.5k for August.
  • Simon Hutchinson_7077598
    Simon Hutchinson_7077598 Alumni Posts: 24 ✭
    edited April 2020
    Hi Fiona,

    The ATO offers two solutions for monthly payers. Either pay $3250 a month all the way through (they will only re-imburse $3000 per month except for August which will be $4500) or alternately pay the employee $3000 per month and $4500 in August.

Categories