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How to add chart of account in Xero

❖ How to add chart of account in Xero Add an account Add a general ledger account to your chart of accounts. The process is different to add a bank, credit card, or PayPal account. In the Accounting menu, select Advanced, then click the Chart of…

How to Process Payroll Within Xero for JobKeeper Payments

❖ How to Process Payroll Within Xero for JobKeeper Payments IMPORTANT – Before you decide to process payments for JobKeeper, you must ensure you are eligible to enrol, and to determine which period in which you need to process Job…
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COVID-19: Do you Qualify for Support Based on your Business Turnover

COVID-19: Do you Qualify for Support Based on your Business Turnover Take a look at the table and guidelines below. Note, this information is up-to-date as of 8th April, 2020. Eligibility based on Turnover Government Stimulus Program Loan Guarantee Cash…
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COVID-19: Relief for Commercial Tenants

COVID-19: Relief for Commercial Tenants For starters, this information is based on the Prime Minister’s announcement on 7th April, 2020 to provide relief for certain commercial tenants during the period of the COVID-19 pandemic and a reasonable recovery period (“the…
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COVID-19 and JobKeeper: Obtaining Relief for Employers and Employees

COVID-19 and JobKeeper: Obtaining Relief for Employers and Employees This information is based on legislation passed on 8th April, 2020 coupled with Rules published by the Treasurer. Let’s break this down into pieces: What is the intention of the legislation?…

Government’s Response to Coronavirus

Government announces increased tax benefits in response to the Coronavirus The Government has announced its economic response to the Coronavirus in the form of a $17.6 billion economic stimulus package. The package has been marketed as a measure to protect…
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