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Job retention scheme coding

  • Member
  • Practice Licence
  • 4 posts
  • # 119447

How should I code the JRS grant income on Sage? Currently using gross wages T9 is that ok?

  • Member PM.Dip
  • Practice Licence
  • 27 posts
  • # 119448

Personally I have put it under 'other revenue' or something similar. Isn't 'gross wages' an expense code? You could set up a specific revenue code 'CJRS Grant' if you wanted to.

Edited at 28 Jan 2021 11:52 AM GMT

  • Member
  • Practice Licence
  • 4 posts
  • # 119449

Thanks, but T9 or T2?

  • Member PM.Dip
  • Practice Licence
  • 27 posts
  • # 119450

I don't think HMRC have provided specific guidance yet, but I have posted as T9.

Edited at 28 Jan 2021 12:43 PM GMT

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