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Adrian Mandile
Level 2
posted
‎June 11, 2020 01:48 PM
last updated ‎June 10, 2020 8:48 PM

Do we need to show JobKeeper receipts as income separately?

 
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Best answer June 11, 2020
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Rebecca_A Product Champion
QuickBooks Team
QuickBooks Team
‎June 11, 2020 02:58 PM

Do we need to show JobKeeper receipts as income separately?

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 

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2 Comments 2
Rebecca_A Product Champion
QuickBooks Team
QuickBooks Team
‎June 11, 2020 02:58 PM

Do we need to show JobKeeper receipts as income separately?

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 

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Adrian Mandile
Level 2
‎July 08, 2020 06:19 PM

Do we need to show JobKeeper receipts as income separately?

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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