Put the Grant Name as Customer.
When you enter the Payment details, you Job Track it = that Grant is the additional cross-reference, as Not Billable, of course. You might also be using Class Tracking for Programs and Purposes.
Like this:
Payee A, $500, Grant = County; Class = Food Bank Operations
Payee B, $1,000, Grant = County; Class = Childcare Food Program
Payee C, $500, Grant = USDA; Class = Childcare Food Program
You would have processed the Income like that, too, if you get Grants:
Sales Receipt for "customer name" = County, Class = Childcare Food Program on one line and Class = Food Bank Operations on the other line, if the funds arrived in one payment, but are Split.
And when you submit for a grant, you would use Estimate, to document your submission.
If this is a reimbursable grant, your payment details would be tracked as Billable, so that you can Charge it to the County or State to be reimbursed. That means Invoice for the billable costs.
And with these tools, the P&L by Class shows the two Classes as Columns; P&L by Customer:job (grant) gives a slightly different perspective. The P&L shows Income over Expense. You might have multiple grants per class, or multiple classes entries for any one grant.
I hope that helps describe the processes that are used.
