Subsidy payments

Hello there, @AHC_1962. I'm here to help you in recording the subsidy and other expenses in QuickBooks Desktop (QBDT).

You can record the subsidy money you received as a bank deposit and the related expenses as a bill or a check.

To begin, if you haven't created a specific account for the subsidy yet here's how to do it:

1. Go to Lists and select Chart of Accounts.
2. Choose New in the Account dropdown.
3. Tick the Expense radio button for the category and click Continue.
4. Choose an Account Name and fill in the necessary details.
5. Once done, click Save & Close.

Next, create a bank deposit for the subsidy funds, and record the related expenses as usual, making sure to use the subsidy account we just created for both transactions to offset them.

Additionally, you can run and customize your reports to get the data you need.

Let us know if you have other concerns with recording your subsidy and other expenses in QBDT. We're here to help you in any way we can.