List of Transaction Types
| Type | Cash Impact | Net Worth Impact | Description |
|---|---|---|---|
|
Accrued Expense |
No |
Yes |
Accrued expenses don’t impact your cash balance because they haven’t been paid yet. When paid, it impacts your cash balance as an accrued expense payment. Accrued expenses are a type of debt. |
|
Accrued Income |
No |
Yes |
Accrued Income is when incoming money is expected but not yet received. For example, an invoice is sent and the other entity agrees to pay the invoice but hasn’t yet. When the money is received, the payment is created as an Accrued Income Payment transaction. |
|
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 |
A transfer of a good or service that does not require the use of funds. For example, transferring already owned 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, either in your bank account or in undeposited funds. You can see cash impact using financial reports such as either the Cash Flow or the Register report.
