Our business has started receiving the Priority Wage Subsidy from the government as we have employed an apprentice. How do I record the wage subsidy in Quickbooks?

Hi jonasfam-bigpond,

Thanks for posting in the Community. You can record the wage subsidy received in QuickBooks Online using a bank deposit. Make sure you have an account created for subsidy received. Here's how to create a new account in your chart of accounts:

1. Click on the Accounting tab.
2. Click on Chart of accounts.
3. Click on New.
4. Under Account type, set to Income account.
5. Under Name enter name like Government subsidy or Wage subsidy.
6. Click on Save and Close.

From there, you can create a bank deposit through + New button.

1. Click on + New.
2. Click on Bank Deposit.
3. Under Account field, select the bank account you've received the funds.
4. Under Add funds to this deposit, under Account column select the new account created.
5. Enter the amount received.
6. Click on Save and new.

Furthermore you can also check this link to learn more about: How to set up and record Cash Boost stimulus payments.

Post again in the Community if you have further concerns. I'll get back and continue to help you.