Do we need to show JobKeeper receipts as income separately?

[Rebecca_A Product Champion · Accepted solution]

Hi Chess Consulting Australia, 

Thank you so much for reaching out. Yes, part of the process is to create an Income account to record the JobKeeper payments once they are received. 

Please see here for the full list of instructions. 

-Rebecca 

[Adrian Mandile]

Thanks Rebecca,

I was going to put ATO receipts in and payments out to Owner in a single 'contra' account, but agree, showing them separately as other income and expense is best.

Regards,

Adrian