FAQ: Cost Transfers, Recharges and Fund Balance Transfer


Overview


This article will provide answers to frequently asked questions intended to help distinguish between Cost Transfers, Recharges, Fund balance and Fund balance transfer

Critical Concepts


FAQ


Q: Can I use the MCI (Miscellaneous Cost Import) file on Cost Transfers?

A: No, the MCI file is primarily for approved Recharges, Cost Transfers are not Recharges


Q: What is the difference between a Cost Transfer and a Recharge?

A:


Q: How do you perform a Cost Transfer in Oracle?

A:


Q: What form should I use for Recharges?

A:

Q: When should the MCI file be used?

A:


Q: Can the MCI file be used for a Fund Balance Transfer?

A: No. See question above


Q: Is a Fund Balance Transfer in PPM the same as a Cost Transfer?

A:


Q: Are costs from IFIS converted in PPM by Expenditure Type?

A:


Q: What does a Fund Balance Transfer in PPM mean?

A:


Q: How do I move prior year's expense on a General Project?

A:


Q: How is account 300000 Fund Balance different from 774009 Fund Balance Transfer?

A:


Q: How can I do a Fund Balance Transfer for account 774009?

A:


Q: How will reappropriation of the Fund Balance occur in Oracle?

A:


Q: Where is the IFIS Index balance located?

A: Account 300000 Fund Balance, review the 3 questions above


Q: Can I transfer revenue, resources or funds from one department to another using Cost Transfer or MCI file?

A:


Q: Can I move expenses from one Project/Task to a different Project/Task with a Cost Transfer?

A: Yes, this is a Cost Transfer and can be done in PPM


Q: Can I change the Expenditure Type in PPM with a Cost Transfer?

A: No, the Expenditure Type in a Cost Transfer must stay the same


Q: How can I change the Expenditure Type in PPM?

A:


Q: Are all Cost Transfers going through General Accounting?

A:

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