What Are the Available Transaction Types in ISP?

List of Transaction Types

Type  Cash Impact  Net Worth Impact  Description

Accrued Expense

No

Yes

Accrued expenses don’t impact your cash balance because it hasn’t been paid yet. When paid, it then hits your cash balance as an accrued expense payment. Accrued expenses are a type of debt.

Allocation Transfer

Yes

Yes

This is a transfer between associated State and Federal committees. It assists with handling federal regulations related to allocating contributions and expenses between State and Federal funds. Use Internal Transfers for transfers between different accounts of the same filer.

Enforceable Pledge

No

No

Contributions that have been “pledged” to be given, but have not yet been realized.

Expense

Yes

Yes

Expenses are the cost required for something/money spent on something for your campaign or committee.

InKind Contribution

No

No

Transactions that are considered a gift of something rather than money.

Internal Transfer

No

No

Internal Transfers allow you to move funds between accounts. They are for non-reportable transfers, or in other words, transfers between accounts under the same filer. Use Allocation Transfers for transfers between different filer committees.

Loan Made

Yes

Yes

Money that is given that is intended to be repaid. Unlike an accrued expense, a loan involves an actual transfer of money.

Loan Received

Yes

Yes

Money that is received that your committee intends to pay back.

Monetary Contribution

Yes

Yes

Donations made towards your committee/campaign.

Non-Monetary Expense

No

No

An transfer of a good or service that does not require use of funds. For example, transferring already owed office furniture to another committee. This is almost always used in conjunction with a “Support/Oppose Memo.”

Other Income

Yes

Yes

Any type of income received that is not listed in the above transaction types. Sometimes referred to as “Other Receipts”. 

Cash Impact

Transactions with a cash impact will impact the amount of available funds you have, either in your bank account or in undeposited funds. You can see cash impact using reports such as the Cash Flow or Register report.

Net Worth Impact

While most simple transactions have the same cash and net worth impact, more complicate accrual/debt related transactions will have difference. For example, a loan received will increase your cash, but since the money is still owed, it does not change your net worth. 
You can see your current net worth by running the Net Worth report.