Non Profit Grant Question

USA Discussion in 'Quickbooks' started by Linda, Aug 13, 2014.

  1. Linda

    Linda

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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
     
    Linda, Aug 13, 2014
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