How do I account for a grant payment

Hi bethan-jenk-gmai,

You can record receiving the grant using a bank deposit (+ New > Bank deposit). 

On the deposit, select the date that this was received and the bank that this was paid into under 'Account', make sure there's nothing selected under 'Select the payments included in this deposit' and then scroll to 'Add funds to this deposit'.

Here, change the 'Amounts are' drop-down to 'No VAT'', enter the account that you want to post this to under 'Account', and then enter the full amount and save & close. 

Please get back to us below if you have any questions!

Hi, 

Thank you for your reply. I don't seem to have the +New > Bank deposit as an option?

I'm using self employed plan, does this make a difference?

Thank you