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Proper data entry for Reattribution of contributions on FEC Form 3 or 3X

Article ID: 935
Last updated: 04 Oct, 2010

The following is an example of a contribution that was reported in Q1, but then was partially reattributed to a spouse/other person during Q2. This involves 4 transactions in total:

1) The original contribution

Example:
Entity: Ellen Nye
TYPE: Contribution
SUBTYPE: Check
Date: 03/13/2010
Amount: $4800


2) Create the "Memo" contribution. This transaction will have the same dates & information as Original Contribution. This transaction will -MOST LIKELY- be outside of the reporting period. Example:

Entity: Ellen Nye
TYPE: Contribution
SUBTYPE: Memo
Date: 03/13/2010
Amount: $4800


3) Create "Reattribution FROM" contribution. This transaction will -MOST LIKELY- be a negative amount, and will be dated within the reporting period. Link to Contribution/Memo.

Entity: Ellen Nye
TYPE: Contribution
SUBTYPE: Reattribution from Memo
Date: 06/01/2010
Amount: $-2400


4) Create "Reattribution TO" contribution. This transaction will -MOST LIKELY- be a positive amount, to a different entity and will be dated within the reporting period. Link to Contribution/Memo. Link to Contribution/Memo.

Entity: Bill Nye
TYPE: Contribution
SUBTYPE: Reattribution to Memo
Date: 06/01/2010
Amount: $2400
 

All three MEMO transactions need to pull to the report on the same line as the Contribution/Memo transaction. The original parent transaction that is not a memo does not pull to the report. The three memos need to be linked to each other and NOT linked to the original contribution transaction.

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Article ID: 935
Last updated: 04 Oct, 2010
Revision: 1
Views: 1374
Also listed in
folder Aristotle 360 -> Reporting -> Compliance Reports -> FEC -> Form 3
folder Aristotle 360 -> Reporting -> Compliance Reports -> FEC -> Form 3X

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