Get Cost Transfer Explanation Form

The Cost Transfer Explanation Form is an essential document for users seeking to request transfers of expenses related to sponsored projects. This guide will walk you through the steps of accurately filling out the form online, ensuring that you meet necessary requirements.

Follow the steps to complete the Cost Transfer Explanation Form effectively.

1. Click ‘Get Form’ button to obtain the form and open it for online editing.
2. Begin by answering the first question regarding the initial charge to the account. Provide a clear and concise explanation, detailing the original reason for the expense being allocated to the current account.
3. In the second section, articulate why the charge should now be transferred to the proposed sponsored project. Ensure that your explanation aligns with project requirements and funding policies.
4. If applicable, address the third question about why the cost transfer is being requested more than 90 days after the initial transaction. Provide a valid reason, as this is essential if the transfer is past the standard timeframe.
5. In the final section, describe the actions needed to prevent future occurrences of similar cost transfers. Indicate whether these actions are currently being implemented.
6. Fill in the required details for the Principal Investigator, including their name and extension number. Ensure you obtain the necessary signature and date for confirmation.
7. If applicable, secure the additional approvals needed when requesting a transfer more than 90 days after the original transaction. This includes obtaining the Chair’s or Dean’s signature and date.
8. Once all sections are completed, review your entries for accuracy. Finally, save your changes, download a copy for your records, or share the completed form as needed.

Complete your Cost Transfer Explanation Form online today to ensure efficient processing of your expense transfers.