Cost Transfers for Sponsored w88 online sports betting

Policy w88 online sports betting: July 2020
Revision: 7
Last w88 online sports betting:June 2022

A cost transfer is an accounting entry in Workday that w88 online sports betting an expense from one worktag to another. Expenses transferred to sponsored project worktags must be allowable, reasonable, properly allocated, and provide a direct benefit to the project receiving the expense.

The Uniform Guidance (2 CFR Chapter I, and Chapter II, Parts 200, 215, 220, 225, and 230 “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards”) governs the cost principles for federal awards and requires that w88 online sports betting program costs must be allowable, allocable, reasonable, consistently treated, and timely.

Types of Cost w88 online sports betting

Financial Accounting Adjustment - non-payroll expenditures from supplier invoices, w88 online sports betting reports, and purchasing card expenses.
Journal Vouchers - all other types of non-payroll expenses or anytime a non-payroll w88 online sports betting needs to be transferred to more than one worktag.
w88 online sports betting - payroll expenditures such as salaries, wages, and fringe benefits.

Cost w88 online sports betting that May Be Allowable

Correction of technical errors, such as a data entry or transposition w88 online sports betting.
Transfers between w88 online sports betting when the work is closely related and the cost is a proper charge to either project.
w88 online sports betting to move unallowable charges to a non-sponsored project worktag.
w88 online sports betting to assign a cost share worktag to an expense. In this case, the cost transfer does not move the expense from one worktag to another; it assigns a cost share worktag to an expense without moving it. Note: grant-to-grant cost share cannot be accomplished through a cost transfer in Workday.

Cost w88 online sports betting that Are Not Allowable

w88 online sports betting processed solely to move deficit spending from one sponsored project to another unrelated sponsored project.
w88 online sports betting that are processed solely to use up an unexpended balance.
w88 online sports betting of expenses incurred before the project start date or after the project end date, unless specifically allowed in writing by the sponsor.

Timeliness of Cost w88 online sports betting

Cost w88 online sports betting should be entered as soon as an error is discovered. For a cost transfer entry to be considered timely, it must meet all of the following conditions:

Within 90 days of the posting of the w88 online sports betting.
Before the last 45 days of an account end w88 online sports betting.
w88 online sports betting an award ends.
Prior to effort w88 online sports betting.

w88 online sports betting Transfer Justification (SP-6) Form

A w88 online sports betting Transfer Justification (SP-6) form must be attached to any cost transfer moving an expense to a w88 online sports betting project worktag. The SP-6 form should be uploaded as an attachment in Workday. The purpose of the form is to provide documentation fully explaining how the error occurred and a certification of the correctness of the new charge. The documentation must be clear and sufficient for an independent reviewer to understand the transfer and conclude that it is appropriate. A justification that merely states the transfer is being requested "to correct an error" or "to transfer to correct project" is not sufficient. The justification must address all of the following:

Why the w88 online sports betting was originally charged to the worktag from which it is being transferred.
How the w88 online sports betting benefits the award to which it is being transferred.
Action that has been taken to eliminate the need for similar cost w88 online sports betting in the future.

w88 online sports betting transfer requests that do not include an SP-6 form will be returned to the department for correction.

An SP-6 form is not required for a Payroll Accounting Adjustment that only assigns a cost share worktag since the expense is not being moved to a w88 online sports betting project account.

Signature Requirements for Untimely Cost w88 online sports betting

Departments and principal investigators should review w88 online sports betting project expenses on a monthly basis so that adjustments can be made in a timely manner. There are additional signature requirements for cost transfer requests that are untimely.

A w88 online sports betting transfer request is considered untimely if it is entered as follows:

More than 90 day after the original posting of the w88 online sports betting.
Within 45 days of the end date of the account to which the w88 online sports betting is being transferred.
After the w88 online sports betting has ended.
After effort w88 online sports betting.

w88 online sports betting Transfer Justification (SP-6) forms for all untimely w88 online sports betting transfer requests must be signed by the principal investigator and the chair/director before being attached to a w88 online sports betting transfer in Workday.

SP-6 forms for cost w88 online sports betting of payroll expenses that have already been certified on an effort report must also be signed by the unit’s dean or vice president.

SP-6 forms for expenses that posted more than 90 days prior to the date of the request must be signed by the Sponsored w88 online sports betting post-award manager in addition to the principal investigator, chair/director, and the unit’s dean or vice president. The justification must include an explanation of why the expense was not able to be transferred within 90 days of posting.

SP-6 forms for untimely cost w88 online sports betting without the requisite signatures will be returned to the department for correction.

Reviewing Authority for Cost Transfers Involving Sponsored w88 online sports betting

Review of cost transfer requests involving sponsored project worktags and supporting justification is completed by a post-award grant accountant in Sponsored w88 online sports betting. Additional review is conducted by the research compliance program manager in Research Administration as needed.

Sponsored w88 online sports betting is authorized to reject cost transfers involving sponsored project worktags that do not meet the criteria contained in this policy or would be questionable under federal or other regulations and statutes or by the terms and conditions of a sponsor award.