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scottsfruit-veg
Level 1

How do I record a grant received from natural England ?

 
1 REPLY 1
JayCaeR
QuickBooks Team

How do I record a grant received from natural England ?

Hello there, Scotts. You can record a grant from Natural England as a Bank Deposit to accurately reflects incoming funds, categorise them properly, and keep your records organised and transparent.

 

Here's how to do it:

 

  1. Select + Create.
  2. Choose  Bank Deposit.
  3. From the Account dropdown, choose the account you want to put the money into.
  4. Enter the name of the donor in the Received From column.
  5. From the Account dropdown, choose the Chart of Accounts you want to post the money to.
  6. Enter the amount and other necessary fields.
  7. Hit Save and close.

    bank deposit.png

To see additional information about how bank deposits work in QBO, you can refer to this article: Record and make bank deposits in QuickBooks Online.

 

If you want to track various types of donations, whether you are receiving funds from donors or making charitable contributions through credit card, bank transfer, or cash in QuickBooks Online, please refer to this article for more information: Track donations and charitable contributions in QuickBooks.

 

If you need to record in-kind donations, like goods or services. Please refer to this article for detailed guidance: Setting up and recording in-kind donations.

 

Feel free to leave a comment below if you have any other questions.

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