How do I post the payment from HMRC for the furlough scheme payment?

I'll share with you the steps to post the payment from HMRC for the furlough scheme, @ramgroupuk. 

First, let's set up an income or equity account to track the furlough scheme payment. You'll need to use this when entering a deposit. Before that, I'd suggest consulting your accountant to determine the appropriate account and detail types for this. Once verified, proceed with the steps below. 

1. Go to Accounting from the left menu.
2. Select Chart of Accounts.
3. Click New.
4. Select the appropriate Account Type. 
5. Choose the correct Detail Type. 
6. Enter the account name, such as Furlough Scheme Payment from HMRC. 
7. Click Save and Close.

The screenshot below shows you the last four steps. For the detailed instructions, check out this article: Adding Accounts.

Second, let's create a bank deposit to post the payment. Then, make sure to select the income or equity account you've set up above. You can choose the No VAT code since it has already been subjected to PAYE. Here's how: 

1. Go to the + New button from the left menu. 
2. Click Bank deposit under Other. 
3. Choose the bank in the Account drop-down. 
4. Enter the Date. 
5. Select HMRC or the customer in the Received From column. 
6. Choose the income or equity account in the Account column. 
7. Set the Payment Method and enter the Amount. 
8. Click No VAT in the Amounts are drop-down. 
9. Hit Save and close. 

See the screenshot below to show you the last seven steps. To learn more about this process, kindly refer to this article: Record Bank Deposits.

Once done, you'll be able to track your furloughed employees depending on the payroll service you're using. With this, I recommend visiting this website: COVID-19: Coronavirus Job Retention Scheme. Just click the link specific to your payroll version. Also, it has in-depth details about the eligibility of the job retention program and how to reclaim furlough wages. 

I'm here anytime you have other concerns. Keep safe always. Stay healthy, @ramgroupuk.