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Hi. How do I put my self employed Hmrc grant for covid through?.... as business income or as a personal transaction? Anyone know? Thanks!

 
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Hi. How do I put my self employed Hmrc grant for covid through?.... as business income or as a personal transaction? Anyone know? Thanks!

Hi there, @pmgardenservices.

 

Welcome to the Community. I can provide some information about how you can categorise a grant from HMRC.

 

I recommend contacting HMRC or an accountant for expert advice about which option you should choose in QuickBooks. This way, we'll be able to organise the income and expenses of your self-employed business in the system.

 

For more information, as well as how to categorise downloaded transactions from your bank, I recommend the following article: Categorise transactions in QuickBooks Self-Employed.

 

Fill me in if you have additional questions about managing your transactions in QuickBooks Self-Employed. I'm always here to help. Take care always.