How do I account for income from grant?

I have one way for you to account for the grant, Erika028479. I'm here to guide you.

You can deposit the funds and use income as the source account. Here's how:

1. Click the New or Plus sign (+) button.
2. Select Bank deposit.
3. Under Add funds to this deposit, select the income account and who the fund was from.
4. Enter the amount.
5. Click Save and close.

I'll also include the article on how to record and make Bank Deposits in QuickBooks Online for more information.

Feel free to reach out to us if you have other concerns. Take care! 

Hi @erika028479 , make an income account named as unexpected grant, grant income, etc. Comment back, cheers.