What is the difference between a Split and a Memo?
Splits are parts of other transactions. The most common examples are the end vendors with credit card payments and Reimbursements, and also checks from conduits where you’re itemizing the source donations.
A Memo is a shadow version of a transaction with no actual financial impact. Memos are standalone transactions. While they may be related to another transfer, they are not part of it. A common example would be Redesignations and donated legal services, which are not considered In-kind contributions.
How do I add a Split or Memo?
If you want to delete a transaction with Splits, you must delete the Splits first before you can delete the transaction as a whole.
What is a nested split?
A nested split is a split of a split. We do NOT recommend data entry that creates a nested split. This can cause calculation discrepancies and other issues, most notably on compliance reports.