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Connect with and learn from others in the QuickBooks Community.
Join nowHi @vasco1.
You can record a grant as journal entries instead. To do so, let me provide the steps below.
Here's how:
You can review the journal entries in the Reports tab. In the Search bar, enter Journal then filters the date of the entries.
I also suggest to consult with your accountant for further assistance about recording grants and accounting helps.
For a reference, visit this article here about modifying a journal entry: Reverse or delete a journal entry.
Please feel free to let me know. I'm here if you need further assistance. All the best!
I Do it but it don't affect my profit and loss my goal is too improve my profit but not the way at a sale because it isn't a sale… There is another way to do that or to improve my profit I have to register as a Sale?
Hello there, issho.
We can create an Income account an use it when recording the Grant. This way, it'll show in your Profit & Loss report. It's also best to reach out to your accountant to help you identify which income account is applicable to your company preference. Also, with how to track the grants.
Let me show you how to create the account:
After, you can create an Invoice to track the grant and then choose the Income account in the Deposit to field of the Receive Payment page.
I'll be around if you need more help with your Accounts Receivable workflow.
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