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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
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
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
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