RECKON

Processing JobKeeper payments in your product

Watch the recorded webinar: Reckon One | Accounts Hosted/Desktop

RECKON

Processing Jobkeeper Payments in your product

 

JobKeeper Payments Overview

Step 1: Enrol for the JobKeeper payment scheme

Log in to the Business Portal using myGovID. Select ‘Manage employees’ then the link for the JobKeeper payment. Fill in the JobKeeper enrolment form by confirming the required fields. You only need to complete this step once.

Step 2: Identify and maintain your eligible employees

You can identify your eligible employees in one of the following ways:
Directly into your payroll software by 30 April 2020 (Reckon One, Accounts Hosted and Reckon Accounts). Through the Business Portal ( Payroll Premier & the Reckon STP App)

Step 3: Make a business monthly declaration

Each month, you must log in to the Business Portal to reconfirm the eligibility of your business and your reported eligible employees. You must also provide information as to your current and projected GST turnover to see how you’re tracking.

Read the ATO’s document: How to prepare for JobKeeper Payments >

New to Reckon?

Get JobKeeper ready from just $7 a month! We’ve got easy and affordable solutions to suit all businesses.

Single Touch Payroll Reckon customers

Reckon Accounts Desktop

In order to process JobKeeper payments, an allowance pay item needs to be added to your company file. This document will guide you how to setup the pay items in Reckon Accounts and then process JobKeeper payments in your pay runs.

How to add Jobkeeper allowance items >

How to process Jobkeeper payments >

Note: You are NOT required to do any product updates or installations to access these enhancements.

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Recorded JobKeeper Webinar Reckon Accounts – Watch it now >
Join us for the latest information on JobKeeper Payments including set-up, eligibility and how to process the payment using Reckon Accounts/Hosted. Hosted by Reckon Accredited Partner Clayton Oates from QA Business.

Single Touch Payroll Reckon

Reckon Accounts Hosted

In order to process JobKeeper payments, an allowance pay item needs to be added to your company file. This document will guide you how to setup the pay items in Reckon Accounts Hosted and then process JobKeeper payments in your pay runs.

How to add Jobkeeper allowance items >

How to process Jobkeeper payments >

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Recorded JobKeeper Webinar  Accounts Hosted – Watch it now >
Join us for the latest information on JobKeeper Payments including set-up, eligibility and how to process the payment using Reckon Accounts/Hosted. Hosted by Reckon Accredited Partner Clayton Oates from QA Business.

Single Touch Payroll

Reckon One

In order to process JobKeeper payments you will first need to create JobKeeper allowances items before assigning to eligible employees pay runs. The below documents will guide you to how setup the pay items in Reckon One and how to process JobKeeper payments in your pay runs.

How to add Jobkeeper allowance items >

How to process Jobkeeper payments >

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Recorded JobKeeper Webinar Reckon One – Watch it now >
Join us for the latest information on JobKeeper Payments including set-up, eligibility and how to process the payment using Reckon One. Hosted by Reckon Accredited Partner Clayton Oates from QA Business.

Single Touch Payroll Reckon

Payroll Premier

In order to process JobKeeper payments, an allowance pay item needs to be added to your Payroll Premier company file. This document will guide you how to setup the pay items in Payroll Premier and then process a JobKeeper Payrun. Employee eligibility will be determined during the claims process on the ATO Business Portal.

Payroll Premier JobKeeper Guide > 

Note: You are NOT required to do any product updates or installations to access these enhancements.

Single Touch Payroll Reckon

Single Touch Payroll App

Pay your employees in your regular cycle, including an allowance top up when necessary for the JobKeeper top up amounts. This document will guide you how to make these payments. Employee eligibility will be determined during the claims process on the ATO Business Portal.

Reckon STP App Jobkeeper Guide > 

Single Touch Payroll Reckon

Payroll App

In order to process JobKeeper payments you will first need to create JobKeeper allowances items before assigning to eligible employees pay runs. The below documents will guide you to how setup the pay items in the app and how to process JobKeeper payments in your pay runs.

Reckon Payroll App Jobkeeper Guide > 

*As this is a new product you may also want to consult the below guide, especially if you are migrating from the STP App.

Reckon Payroll App Getting Started Guide >

Frequently asked questions

Answers to the most common questions surrounding JobKeeper Payments.

How do I enrol for Jobkeeper Payments?

You or your registered tax or BAS agent can enrol for the JobKeeper payment. Here’s how:

  • Log in to the Business Portal using myGovID.
  • Select ‘Manage employees’ then the link for the JobKeeper payment.
  • Fill in the JobKeeper enrolment form and provide your:
    • eligibility information
    • expected number of eligible employees
    • contact and bank details.
  • Notify all your eligible employees you have nominated them.
  • To ensure you receive your JobKeeper payments as early possible, you should enrol by the end of April. However, enrolments are open till the end of May if you need more time.
JobKeeper Payments employer eligibility?

Employers are eligible for the JobKeeper payment if all of the following apply:

  • On 1 March 2020, you carried on a business in Australia or were a not-for-profit organisation that pursued your objectives principally in Australia.
  • You employed at least one eligible employee on 1 March 2020.
  • Your eligible employees are currently employed by your business for the fortnights you claim for (including those who are stood down or re-hired).
  • Your business has faced either a
    • 30% fall in turnover (for an aggregated turnover of $1 billion or less)
    • 50% fall in turnover (for an aggregated turnover of more than $1 billion)
    • 15% fall in turnover (for ACNC-registered charities other than universities and schools).
  • Your business is not in one of the ineligible categories.

Consult the ATO website for further information.

What about employees I've already stood down?

If you have stood down employees without pay between 1 March  and now they could still be part of the scheme. You will need to confirm their eligibility and that they want to be part of the scheme and arrange for them to be paid a minimum of $1,500 per fortnight before tax from 30 March 2020.

How long will the JobKeeper payment last for?

The JobKeeper Payment will be available for the period until 27 September 2020

What about casual employees?

Casual employees are eligible for the payment if you have been with your employer for 12 months at 1 March 2020 on a regular and systematic basis. Apart from this, casual employees are not eligible for the JobKeeper Payment. You are only eligible for the JobKeeper Payment as a casual employee if you are not a permanent employee of any other employer.

How do I receive the JobKeeper Payments Scheme?
JobKeeper Payments employee eligibility?

Your employee is eligible under the JobKeeper Payment scheme if they:

  • are employed by you (including those stood down or re-hired)
  • were either a
    • permanent full-time or part-time employee at 1 March 2020
    • long-term casual employee (employed on a regular and systematic basis for at least 12 months) as at 1 March 2020 and not a permanent employee of any other employer
  • were at least 16 years of age on 1 March 2020
  • were an Australian resident as at 1 March 2020 within the meaning of the Social Security Act 1991, which requires that they reside in Australia, and are one of an Australian citizen, the holder of a permanent visa, or a Protected Special Category Visa Holder. More information about these requirements can be found from the Services Australia website under residence descriptions. Your employee can also be an Australian tax resident who is a Special Category (Subclass 444) Visa Holder. Employees who are not permanent residents of Australia must notify you of their visa status to allow you to determine if they are eligible.
  • were not in receipt of any of these payments during the JobKeeper fortnight
    • government parental leave or Dad and partner pay
    • a payment in accordance with Australian worker compensation law for an individual’s total incapacity for work
  • agree to be nominated by you (see Nominating employees).

Please consult the ATO website for full employee eligibility information.

My employees receive more/less than $1500 a fortnight?

My employee earns LESS than $1500 a fortnight?

To be able to claim the JobKeeper payment for an eligible employee, that employee must be paid a minimum of $1,500 income per fortnight, before tax is withheld. Employers cannot pay their employees less than $1,500 per fortnight and be entitled to a payment for that employee, even if that employee was previously being paid less than that amount. The employer must pass the full amount onto the employee.

My employee earns MORE than $1500 a fortnight?

If the eligible employee is paid more than $1,500 a fortnight before tax, the employer will only be reimbursed $1,500 per fortnight. It is the employer’s responsibility to coordinate the remaining amount with their individual employees.

What are my obligations around Super and PAYGW?

You must pay a minimum of $1,500 per fortnight to your eligible employees, withholding income tax as appropriate. The $1,500 per fortnight per employee is a before tax amount. Where an employee is paid more than $1,500 per fortnight, the employer’s superannuation obligations will not change. Where an employee is having their wages topped up to $1,500 per fortnight by the JobKeeper Payment, it will be up to the employer if they want to pay superannuation on any additional wages paid by the JobKeeper Payment.

I don't have a payroll solution. What does Reckon offer?

Are you new to Reckon but looking for a payroll solution? We’ve got easy and affordable solutions to suit all businesses. Get JobKeeper ready from just $7 a month! Learn more >

Download the ATO Jobkeeper FAQ Sheet for a full list of questions.

Disclaimer: Reckon does not provide tax or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for tax or accounting advice. You should consult your own advisors before taking action.

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