How are receipt of payments from HMRC for staff furloughed under job retention scheme accounted for in Clearbooks?

Question asked by Burnham Savage 3 years ago

Just received first payments from HMRC for furloughed staff. How are these accounted for in Clearbooks?

9 Replies

There are a number of options that you could use. My preferred option is to create a new account code in the Salaries Account Type - say Job Retention Grant - and allocate the grant receipt to that code. It will always show in the P & L but will be netted off the total salaries bill - after all it is a grant towards salary cost.

Just set a NEW code up for that under Rent and Rates

Hi Burnham,

I would advise speaking to an accountant as to where this should be accounted for, just to be on the safe side.

All the best,


Hi Gordon,

That sounds perfect and makes great sense! Thank you very much for the contribution.

All the best,


Gordon, very helpful. Thank you.

May I ask for your guidance on which accounting code to apply a SBBR grant to, or create?

Thank you.

You need to create a NEW code - Settings/Accounting/Account Codes/Create account code/insert your preferred code and location/update

As a suggestion I attach a screenshot of one possible location, but you might use a slightly different code number depending on what you have already created in the Salaries codes.


Thanks Gordon, much appreciated. I've done that - successfully, I think! I was referring also to the Business Rates grant. Would you still apply that under this same code or create another new one?

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