Cost transfers move expenses between sponsored research projects or between non-restricted SpeedTypes and sponsored projects.
The nature of cost transfers makes them subject to extra scrutiny during audits. Therefore all cost transfer journal entries must be approved by the Campus Controller’s Office (CCO). Different requirements apply to different cost transfers, depending on the timing of the cost transfer and the expense accounts involved. See the Cost Transfer Policy and Guidance for details.
New! Use this quick reference checklist to help you submit and review cost transfers.
What about fund 30/31/33 journal entries (JEs)?
Journal entries or interdepartmental invoice journal entries (INs) that involve a fund 30, 31 or 33 SpeedType require the campus controller's approval prior to the transaction posting to the general ledger. We will review cost transfers for approval and to ensure that they are in compliance with federal statutes, regulations, CU policies and procedures, and terms and conditions of the award. See the Journal Entry Debit-Credit Convention for more information.
More Information
Read the full Campus Controller's Office policy for cost transfer information and guidance.
Topics include JE approval process, PET approval process and relationship between PETs and ePERs.
For more information about financial transactions and the general ledger processes associated with the Finance System.