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. |
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.