FEC Memo Entries

Edited

With the FEC, some entries are recorded as a Memo Item on the report. Memo Items do not impact any cash on hand calculation though may be required by FEC regulations.


Examples of Memo Entries

  • Earmarked Contributions

  • Credit Card Payments

  • Payroll

  • Re-attribution

Earmarked Contributions

To add an Earmarked Contribution, you can view the Contribution and using the Action menu click Add Itemization.

Itemizations can also be added using the Import process.

Some Integrations automatically add this Itemization either when the Contribution is added or at the time the report is generated.

Credit Card Payments/Payroll Itemizations

Disbursements also allow for Itemizations using the Action menu then the Add Itemization option.

Itemizations can be imported using the Import feature. The file will need to be in a specific format and we recommend importing an initial Disbursement Itemization first before to verify your file is in the correct format.

Reattributed Contributions

Reattributed contributions are created by adding in Itemization records.

Per the FEC.

When a committee receives an excessive contribution—one which exceeds the contributor’s limit or the campaign’s net debts outstanding for an election—the committee may remedy the violation by refunding the excessive amount or by seeking a redesignation or reattribution of it within 60 days.

Itemizations allow for negative amounts along with attributing a transaction to an election. You can adjust the order in which they appear by inputting the records in the order you want them to appear in.