Jim, I though I have answered one of these recently, but I am having issues locating it. So, if I have already answered, just ignore this.

In short, the answer to your question depends on what was received. Since we must be referring to COVID Supplemental Payments (CSP) funds. These funds are receivable in two pieces – Tier 1 and Tier 2. In the case of Tier 1 funds you would simply debit cash and credit other income (5990).  I would not record thin in the normal Section 8 (5121) account.  I would do the same with eh Tier 2 money, however, these amounts generally require certain expenses to receive the money. That means you should be able to record the revenue immediately upon receipt of the funds. Once again, I would use 5990 as the account.