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Get the free Form Labor Cost Transfer Approval (LCTA) form - ohsu

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Research Development and Administration Sponsored Projects Administration Mail code: AD220 2525 S.W. First Avenue, Suite 220 Portland, Oregon 97201 4753 TEL 503 494 0355 Fax 503 494 1191 Labor Cost
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How to fill out form labor cost transfer

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How to fill out form labor cost transfer:

01
Start by entering the date of the labor cost transfer in the designated field.
02
Provide the name of the employee or contractor for whom the labor cost is being transferred.
03
Specify the original budget or cost code from which the labor cost is being transferred.
04
Enter the new budget or cost code to which the labor cost is being transferred.
05
Indicate the reason for the labor cost transfer, providing a brief explanation or description.
06
Include any supporting documentation or approval signatures as required.
07
Double-check all the information entered in the form for accuracy before submitting it.

Who needs form labor cost transfer:

01
Companies or organizations that employ workers and contractors may need to use a labor cost transfer form.
02
Individuals responsible for managing budgets and tracking expenses within a company or organization often require this form.
03
Human resources departments or accounting departments may require the use of a labor cost transfer form for proper documentation and record-keeping purposes.
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Form labor cost transfer is a document used to transfer labor costs from one funding source to another within an organization. It allows for proper allocation and tracking of labor expenses.
Any employee or department within an organization who needs to transfer labor costs from one funding source to another is required to file form labor cost transfer.
To fill out form labor cost transfer, you need to provide information about the employee, the original funding source, the new funding source, the labor cost details, and any supporting documentation. The form should be completed accurately and submitted to the appropriate department or authority.
The purpose of form labor cost transfer is to ensure accurate allocation of labor costs within an organization. It allows for proper tracking and accounting of labor expenses and ensures that costs are appropriately assigned to the correct funding source.
Form labor cost transfer requires reporting of information such as employee details (e.g., name, employee ID), original funding source, new funding source, labor cost breakdown, and any supporting documentation. The specific information required may vary depending on the organization's policies and procedures.
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