Home
Forms Library
Cost Transfer Procedures docx - uvm

Cost Transfer Procedures docx - uvm 2026

Cost Transfer Procedures docx - uvm Preview on Page 1

See details

4 out of 5

26 votes

The document outlines the procedures for submitting a Cost Transfer Request, detailing the necessary steps and information required to complete the cost transfer justification form. It specifies the definitions of key terms, the importance of providing detailed explanations for each question on the form, and the approval process involving department heads and central units. Additionally, it emphasizes documentation requirements and corrective actions to prevent future errors.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Cost Transfer Procedures docx - uvm with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the Cost Transfer Procedures document in the editor.
Begin by filling in the 'Original Posting Date' and 'Error Discovery Date' fields. Ensure you enter the correct dates as these are crucial for processing your request.
For 'Request Timeliness', check the box if your submission is more than 90 days after the original posting date. This will determine if additional questions need to be answered.
Answer Question 1 by providing a detailed explanation of why the expense was charged to its current account. Avoid vague statements; clarity is key.
In Question 2, explain why this charge should be transferred to the proposed chart string, ensuring you address allowability and allocability principles.
If applicable, respond to Questions 3 and 4 regarding extenuating circumstances and corrective actions for untimely requests.
Complete all required signature fields, ensuring that necessary approvals are obtained before submission.

Start using our platform today for free to streamline your cost transfer requests efficiently!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is an example of a cost transfer?

A researcher initially charges $1,000 of laboratory supplies to a sponsored research project. Later, its determined that $200 of those supplies were used on another non-sponsored project. To correct this, a cost transfer would be initiated to move $200 of the expense total to a non-sponsored project.

How much does housing cost at UVM?

Standard Room TypeAcademic Year CostSemester Cost Traditional Single $10,760.00 $5,380.00 Traditional Double $9,334.00 $4,667.00 Traditional Triple $7,446.00 $3,723.00 Traditional Quad $6,303.00 $3,151.503 more rows

What is the cost transfer process?

A cost transfer is when an expense is transferred from one account to another account after the expense was initially recorded in the financial accounting system or is an after-the-fact reallocation of expenses (e.g., P-card reallocations). Cost Transfers can be for salary or non-salary expenses.

What is a cost transfer in accounting?

A cost transfer is a reassignment or transfer of an expense that was previously recorded elsewhere in the general ledger.

What is the journal entry for transfer?

A cost entry is a record that registers the quantity and cost of a given event. Cost entries are aggregations of inventory transactions that are recorded on active financial inventory dimensions.

What is a cost transfer journal entry?

A Cost Transfer/Correction (COR) Journal is used to move incorrectly posted transaction(s) from one chartstring to another. A COR Journal is the primary method of managing a negative chartstring balance, as it is used to reclass expenses which caused the deficit to another chartstring.

What is a cost transfer UVM?

A cost transfer is the assignment of an expense to a sponsored agreement that was initially recorded elsewhere in the Universitys general ledger.

Cost Transfer Procedures docx - uvm 2026

Here's how it works