Home360Financial TransactionsTYPE: "Earmarked" vs. TYPE: "Earmarked (Conduit)"

24.12. TYPE: "Earmarked" vs. TYPE: "Earmarked (Conduit)"

Here is the difference between "Earmarked" and "Earmarked (Conduit)":
1) "Earmarked (Conduit)"
a. All transactions are itemized regardless of threshold
b. SUBTYPE: Directed, Deposited and Non-Directed, Deposited will pull to the report as a cash-impact transaction
c. SUBTYPE: Directed, Non-Deposited; Non-Directed, Non-Deposited and Memo will pull to the report as a memo transaction
d. An individual's Election-To-Date total is NOT reported

2) "Earmarked"
a. Standard Threshold Rules apply for individuals; however, if the Committee receives a "bundled" contribution made up of multiple unitemized contributions, the "bundled" contribution must be itemized.
b. Deposited & Non-Deposited Contributions are itemized as cash-impact transactions (again, standard threshold rules apply)
c. An individual's Election-To-Date total is reported.

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