How to record EIDL grant in QuickBooks Online

If you are a small business owner who has recently received an Economic Injury Disaster Loan (EIDL) grant from the Small Business Administration, you may be wondering how to record the grant in QuickBooks. Recording the grant in QuickBooks is important in order to ensure that the funds are properly tracked and accounted for. This will help you to keep accurate records of your finances and ensure that you are able to properly report the grant on your taxes.