I'm wondering if anyone can help me.  My husband runs his own carpentry business, and we recently got a grant that would pay 50% of the cost of certain items.  I have a few questions:

1. How should I apply this grant in Sage?  Eg:  We spent $1000 on advertising, and the grant pays 50%.  I had inputed the receipts totally $1000, then inputed the cheque from the grant and allocated it to the correct items, one of which was $500 toward advertising.  Is this correct?

2. Also, some of the things we received the grant for were capital assets.  Eg. We purchased a computer for $3000, and the grant paid for $1500.  How would we input this?  Does this affect the value of the capital asset on our taxes?

3. Finally, although we received all the grant payments/cheques in 2013, some of the items were purchased in 2012.  How do I input this?

Any help would be greatly appreciated!!!