How do you account for the Job Keeper payments received for Sole Traders? How will it be shown on end of financial year reporting?
Hi chev434,
The ATO has posted information here on how to enrol for the JobKeeper payments as a Sole Trader and we have an article on how to record the payments once they are received.
If you have any other questions regarding how these payments affect your income and EOFY reporting, I would recommend speaking with your Accountant or one of our ProAdvisors.
-Rebecca
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