Government Cash Flow Boost Credit Process in Xero for April
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Government Cash Flow Boost Credit Process in Xero for April

VIDEO TITLE: Government Cash Flow Boost Credit Process in Xero for April

In this video, Lori Hall Account Advisor/Xero Expert will step you through processing a manual journal to reduce correctly the PAYGW liability on your balance sheet.

Important points to consider that the video addresses.

  • Do you lodge your PAYG Tax withheld on a monthly basis and have received less than $50,000 from the Cashflow Boost so far?
  • If so, you will not likely be making a payment for the months of April or May because of the Government’s current Cash Flow Boost.
  • Without a payment on your bank reconciliation how will you record the credits from the ATO?

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You can contact Lori Hall At MB+M on 03 5821 9177

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