Good morning, @rv12.
I hope your day is going well. I'd be happy to help you with recording a grant from a program.
In QuickBooks Desktop, grant funds provided to you are income, unless you're returning it. Restricted income would be processed by making a Service item and listing this on a Sales Receipt for the grantor as the customer, and this is deposited to the banking. Typically, you'll use Class Tracking for programs and purposes, and that also would be used for Restricted Funds.
Although, each business has a unique set up, so I recommend getting in touch with an accountant to ensure your restricted funds are going into a correct account.
Once you've determined the account to put your funds into, you can run a Profit and Loss by Customer report to see the income that was spent and the funds that are yet to be spent.
For more detailed information with recording grants, you can refer back to this article: Grants in QuickBooks Desktop.
Feel free to follow up with me if you have any more questions. I'm always here to lend a helping hand. Take care!
