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GLASIAOUS supports your application for COVID-19 subsidy by the Japanese government.
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2020/06/05
GLASIAOUS supports your application for COVID-19 subsidy by the Japanese government.

GLASIAOUS supports your application for COVID-19 subsidy by the Japanese government.

The Japanese government has opened the subsidy program for the businesses hit by COVID-19(Subsidy Program for Sustaining Businesses).

https://www.meti.go.jp/english/press/2020/0501_001.html

 

<Overview>

The application period : From May 1st, 2020 to March 15th, 2021.

Who are eligible : The applier must meet both of the following requirements.

  • Small & medium-sized businesses or self-employed individuals (The capital amount must not exceed JPY 1 billion.)
  • The business income of at least one month after January 2020 declined to 50% or less from that of the same month of the last year.

*For details, please refer to the HP of Subsidy Program for Sustaining Businesses.

 

In order to tell if you meet the requirement (2), you need compare the past accounting data with the recent actual results.

GLASIAOUS makes this comparison process smart and easy.

 

<Analytics F/S shows if you are eligible.>

As shown in the picture, you can tell at once by referring to Analytics F/S on GLASIAOUS if you can apply for the subsidy.

e.g.) comparison between PL of April 2020 and of April 2019

  

<How to Calculate the Subsidy Amount>

Once you know you are eligible, see PL of the current and previous fiscal year and calculate the subsidy amount using the following formula ; the annual income of the previous year (2019) - The monthly income of the subject month (in the example above, April 2020) × 12.

*The maximum amount is limited to JPY 2 millions.

*For details, please refer to the HP of Subsidy Program for Sustaining Businesses.

 

To learn more about GLASIAOUS functions, please refer to this page.

 

Enjoy free-of-charge subscription for 3 months by applying now!

In order to encourage teleworking, we offer the cloud accounting service GLASIAOUS is for free for 3 months.

*This promotion has been extended to September 30th, 2020.

For more details about this promotion, refer to this page.


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