cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

How do I categorize money from a cost-share program? We're an organic farm that received money to help pay for organic certification from the state. Thanks!

 
1 Comment
Highlighted
Level 15

How do I categorize money from a cost-share program? We're an organic farm that received money to help pay for organic certification from the state. Thanks!

If you do not have to pay back the funds to the state, then it is donation income, or Other income if this is a rare event

 

If you do have to pay it back, then it is a deposit linked to a liability account that you will repay

Need to get in touch?

Contact us