What is the best way to record the Small business grant £10k given by government during the Covid 19 crisis into quckbooks?

Hello minoroffice,

Thanks for your post. 

You can record this using a bank deposit (+ New > Bank deposit). On the deposit, enter the bank account the money was deposited into under 'Account', select the date this was received, and then scroll to 'Add funds to this deposit' and choose an income account under 'Category' then enter the amount with no VAT. If your not sure which income account to post this to, we'd recommend running this by your accountant. 

Thanks