Processing JobKeeper in accounting software
IMPORTANT: the software providers are constantly updating the software functions and instructions in relation to the JobKeeper Payments. Please check the following instructions regularly to ensure that you are up to date with the latest guidance.
(Note: make sure to enter wage categories exactly in accordance with the MYOB instructions as any inconsistencies may delay payments).
- Xero blog - "JobKeeper now live in Xero Payroll"
- Xero articles - processing COVID-19 related transactions
(Note: in Xero, the Job Keeper nomination is only processed when the employer "files" to the ATO. This is usually only completed after a pay run. You need to be aware of the timing of when you actually complete your next pay run and file to the ATO.)
(Note: you will need to set up allowances exactly in accordance with the Attache instructions in the article).
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The content of this newsletter is general in nature. It does not constitute specific advice and readers are encouraged to consult their Ruddicks adviser on any matters of interest. Ruddicks accepts no liability for errors or omissions, or for any loss or damage suffered as a result of any person acting without such advice. This information is current as at 22 April 2020, and was published around that time. Ruddicks particularly accepts no obligation or responsibility for updating this publication for events, including changes to the law, the Australian Taxation Office’s interpretation of the law, or Government announcements arising after that time.
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