Get A Cost Transfer Is A Shift Of An Expense To Or From A Sponsored Project When That Expense Was

Understanding how to properly fill out the cost transfer form is essential for managing expenses related to sponsored projects. This guide will walk you through each section of the form, ensuring clarity and compliance with necessary policies.

Follow the steps to fill out the form accurately and efficiently.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Identify the sections of the form that require information such as the original fund charged, the amount to be transferred, and the new fund. Clearly indicate the nature of the expense and why the shift is necessary.
3. Provide a thorough explanation for the cost transfer, ensuring it covers aspects such as the date of the original expense, why it was charged to the previous fund, and how the transfer complies with allowability and allocability requirements.
4. Attach any supporting documentation that includes a certification by the principal investigator (PI) stating that the expenses are allowable, allocable, and reasonable.
5. Review the completed form and documentation for accuracy before submission. Ensure all justifications are included, especially if the transfer request is being made over 90 days after the original expense.
6. Submit the form and documentation for review to Contract and Grant Accounting for approval.
7. After receiving approval, save the changes to your documentation, download a copy for your records, or print it as needed.

Complete your cost transfer request online to ensure compliance and accuracy in managing your sponsored project expenses.