Get the free Cost Transfer Form - ctsi mcw

This document is used for transferring costs associated with a course presented by the Clinical and Translational Science Institute (CTSI) at the Medical College of Wisconsin.

How to fill out cost transfer form

How to fill out Cost Transfer Form

1. Obtain the Cost Transfer Form from the finance department or download it from the internal portal.
2. Fill in the required project information, including project number and account manager's name.
3. Indicate the reason for the cost transfer in the specified section.
4. List the original invoice or transaction details along with the corresponding amounts.
5. Specify the new account or project to which the costs are being transferred.
6. Sign and date the form to confirm accuracy and authorization.
7. Submit the completed form to the finance office for processing.

Who needs Cost Transfer Form?

1. Project Managers overseeing budget allocations.
2. Accountants handling financial transactions.
3. Department heads needing to reallocate expenses.
4. Administrative staff responsible for budget management.

People Also Ask about

What is a cost transfer?

The admission rate for transfer students at Harvard and similar institutions is as low or below 1% for the most part.

What are transfer rates to Harvard?

Cost Transfers are the reassignment of an expense to or from a Sponsored Projects Financial Administration (“SPFA”)-Managed Sponsored Award after the initial charging of the expense in the University's accounting system. Cost Transfers include reassignments of salary, wages, and other direct costs.

What is a cost transfer Yale?

Cost transfers should be completed within three months of when an error is discovered, and no later than six general ledger (GL) months after the original expense is posted to an award. Transfers that do not meet the timeliness criteria require additional central review and exceptional approval.

What is a cost transfer?

A cost transfer (CT) is a transfer of an expense onto a federally funded sponsored award previously recorded elsewhere on Harvard's General Ledger (GL) and identified by Harvard as requiring institutional approval before it can be posted to the GL.

What is a cost transfer Harvard?

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.

For pdfFiller’s FAQs

What is Cost Transfer Form?

The Cost Transfer Form is a document used to request the transfer of costs from one account to another within an organization, typically used in research or funding contexts.

Who is required to file Cost Transfer Form?

Employees or researchers who need to allocate expenses from one funding source to another are typically required to file the Cost Transfer Form.

How to fill out Cost Transfer Form?

To fill out the Cost Transfer Form, provide details such as the transferring account, receiving account, reason for the transfer, amount being transferred, and relevant dates. Ensure to include necessary signatures and documentation.

What is the purpose of Cost Transfer Form?

The purpose of the Cost Transfer Form is to ensure accurate financial reporting and allocation of expenses, maintaining compliance with funding and accounting regulations.

What information must be reported on Cost Transfer Form?

The information that must be reported on the Cost Transfer Form includes the account numbers for both the transferring and receiving accounts, the amount of the transfer, the reason for the transfer, and any supporting documentation.