USA Non Profit Grant Question


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Aug 13, 2014
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Hi,

I'm fairly new to QuickBooks and have a question about applying a grant in QuickBooks.

The grant is a fairly large amount and we can only use it for a specific purpose. I created a class for it and I also created a bank account called "All Grants Account" and created a sub account for this specific grant.

My question is this. I need to deposit it into our regular bank account but how do I do that without over inflating what we actually have? Is the "All Grants Account" a bad idea? Is there another way to isolate this grant but still deposit it into our regular bank account?

Thanks,

Linda
 

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