Hello there, Scotts. You can record a grant from Natural England as a Bank Deposit to accurately reflects incoming funds, categorise them properly, and keep your records organised and transparent.
Here's how to do it:
Select + Create.
Choose Bank Deposit.
From the Account dropdown, choose the account you want to put the money into.
Enter the name of the donor in the Received From column.
From the Account dropdown, choose the Chart of Accounts you want to post the money to.
If you want to track various types of donations, whether you are receiving funds from donors or making charitable contributions through credit card, bank transfer, or cash in QuickBooks Online, please refer to this article for more information: Track donations and charitable contributions in QuickBooks.