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CONTROLLERS OFFICE Mail Slot 4984 1200 North University Drive OFFICE: (870) 5758266 FAX: (870) 5754649 MEMO TO: General Ledger Staff Controllers Office FROM: DATE: RE: Interdepartmental Charge(s)
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How to fill out interdepartmental charge form

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How to fill out an interdepartmental charge form:

01
Gather the necessary information: Start by collecting all the details required to complete the form. This may include the date of the transaction, the departments involved, the reason for the charge, and any monetary amounts involved.
02
Identify the charging and receiving departments: Clearly indicate the department that is initiating the charge and the one that will receive it. This information helps in accurately recording the transaction and ensuring it reaches the appropriate department.
03
Provide a detailed description: Write a concise but specific description of the charge. Clearly explain why it is being made and any relevant details that may be needed for reference or clarification.
04
Include supporting documentation, if necessary: Depending on the nature of the charge, you may need to attach additional documentation to support your claim. This could include invoices, receipts, or any other relevant paperwork that verifies the transaction.
05
Specify the amount: Indicate the exact monetary amount being charged. Double-check to ensure the calculation is accurate and includes any applicable taxes or fees that need to be included in the total charge.
06
Obtain necessary approvals: If there are specific individuals or departments that need to approve the charge, make sure to obtain their authorization before submitting the form. This helps maintain transparency and prevents unauthorized charges.
07
Submit the form: Once you have completed all the necessary sections and obtained any required approvals, submit the interdepartmental charge form according to your organization's procedures. This may involve submitting it electronically or physically delivering it to a designated office or department.

Who needs an interdepartmental charge form?

01
Departments in the same organization: Interdepartmental charge forms are typically used when one department within an organization needs to charge another department for services, supplies, or any other related transactions. It helps maintain an organized and accountable system for managing internal financial transactions.
02
Organizations with multiple departments: Interdepartmental charge forms are particularly useful for organizations with various departments that often engage in transactions with one another. It ensures that charges and payments are properly documented and accounted for, streamlining financial processes within the organization.
03
Businesses with cost allocation needs: In some cases, businesses may need to allocate costs across different departments or divisions. The interdepartmental charge form provides a systematic approach to track and reconcile these internal financial transactions, making it easier to allocate costs accurately.
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Interdepartmental charge form is a document used to transfer charges or expenses between different departments within an organization.
Any employee or department within the organization that needs to transfer charges or expenses to another department is required to file interdepartmental charge form.
To fill out interdepartmental charge form, one must include details of the charges or expenses being transferred, the department sending the charges, the department receiving the charges, and any relevant approval signatures.
The purpose of interdepartmental charge form is to track and document internal transfers of charges or expenses between different departments to ensure accurate accounting and budgeting.
The information reported on interdepartmental charge form typically includes the amount of the charge or expense, the reason for the transfer, the departments involved, and any necessary approvals.
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