Candidate Committee
Add New or Modify Payments or Forgive Debts or Loans

MERTS Step-by-Step for Making Payments to Debts or Loans

MERTS Step-by-Step for Adding Making Payments to Debts or Loans

To make a payment to a Debt or a Loan owed by the committee you must be sure the loan was entered properly through the Transaction Information. Once the loan is created locate the loan/debt from the ‘All Transactions’ tab as shown below:

  1. Under the View menu select the All Transactions option.
  2. Locate the loan and right click to select New Payment.
  1. Select the type of payment. To apply a direct payment to the loan select ‘Direct Expenditure’.
  2. Select ‘Ok’ to continue.
  1. Enter date payment was made.
  2. Enter the amount of the payment.
  3. Select ‘Ok’ to continue.

Note: To forgive the entire existing balance of debt or loan, follow steps 1 through 5 again. Do not add an amount. Select the ‘Forgiven’ button. This will forgive the loan or debt and will no longer show on later reports filed.

Functions

  • Select Filter Names to only display Independent and Political (PAC) committees or Financial Institutions in the name drop down list.
  • Select Add Name to add a new name record.
  • Select Clone to save entry and retain the date, amount, description and fund raising event (if applicable) for the next entry.
  • Select Ok to save the entry and close out of the transaction information window.
  • Select Cancel to close out of the transaction information window without saving the entry.

Additional Features

  • For more information on filing Late Contribution Reports or other Immediate Disclosure Reports.
  • To Modify an existing transaction open the All Transaction tab and locate the desired record. Right click and choose modify to make the necessary changes.
  • To Delete an existing transaction open the All Transaction tab and locate the desired record. Right click and choose delete. Please note the transactions within a closed campaign statement cannot be deleted. To remove a transaction from a previously filed report, select ‘De-Report’ to remove the the transaction from the amended campaign statement. The original transaction will continue to show in the ‘All Transactions’ tab as a shaded item.




Page last modified on August 19, 2014, at 02:48 PM