Handling Reattributions/Redesignations can be a tricky process. We’ve made it so in ISP, you can handle this process all on one screen.
First, locate the original transaction either in the Register or within the entity’s record. From there, click on the hot dog menu (the three dots to the right of the transaction) and select Redesignation/Reattribution.
This will direct you to a screen showing entity details on the right and transaction details on the left. At the top of the transaction details is a toggle switch labeled Transaction Tag. This allows you to determine if the transaction you are about to create is a Reattribution or a Redesignation.
**NOTE: For each choice, Redesignation or Reattribution, the fields will be looking for different information.**
Once you’ve completed the fields, click Save or Save & New. A memo transaction will then be created based on the Reattribution or Redesignation you created.
If you’d like to view the transactions related to the Reattribution or Redesignation, or any transaction that has Splits or related transactions, click the hot dog menu, then select See Related Transactions. From there you’ll be able to edit any related transactions, if needed, or just confirm the details.