The income of a self-employed person is the profit of the company. In contrast to your employees, you do not receive a defined salary. Therefore self-employed people must not be managed in KLARA as employees.
However, it is still possible for the daily allowances from the social insurance to be paid to the owner of a company for the loss of work. This could be daily allowances for sickness or accident, for example. In connection with the company closures ordered by the federal government due to the Covid 19 pandemic, EO indemnity income replacement compensation) was created for self-employed workers: Corona allowance for loss of earnings.
What is the best way of proceeding if you are in receipt of a daily allowance?
Since company owners do not receive a salary, as mentioned above, but the profit of the company is deemed to be their income, this wage replacement benefit must not be booked as income.
You can book the payment receipt in the KLARA bank reconciliation directly to your private account. You will find the option “Private current account” under “Other bookings”.
In order to ensure that this payment receipt is posted transparently in the balance sheet, we recommend that you set up a personal sub-account for such daily allowances in advance. Open your account management, you will find this in the opening balance in the first KLARA financial year, in later years under “financial years”, and set up an entry for daily allowances under account 2850 “Private”. Now you can make the posting in the bank reconciliation.
IMPORTANT: Do not forget to enter these daily allowances as income from loss of earnings benefits in your tax declaration. Your fiduciary or your cantonal tax authority knows where these benefits must be entered in the form in your canton of residence.