Getting Started

Before you fill out a Budget Transfer form, make sure you do the following:

• Request and activate your access to Web*Financials
• Go to Web*Financials training (For training information, please visit the Training for Managers page on the Human Resources website.)
• Print the "Account Object Codes" list from the Comptroller's website
  • Use the following steps to access this list: Index / General Accounting and Budget / Account Object Codes
• Verify funding through Web*Financials (use Web*Salary and Web*Finance)

Budget Transfer Reminders

When moving money from one restricted fund to another, involve the General Accounting and Budget department (account code 7088).

Money can be moved from a salary line into the pooled operating line ONLY if it is for research buy down, research relief, cost share, or to fund temporary employee agencies.

Types of Funds

Unrestricted Funds: Begins with 11 or 12.

Restricted Funds: Begins with 13 and up (i.e. self funded, endowment, gift).

 

Fringe

Fringe is calculated by the following percentages:

• Full Time Positions: 29%
• Part Time Positions: 8.5%

Situations when fringe can be omitted:

• when transferring funds from the same fund/orgn and the same fringe rate.

Situations when fringe cannot be omitted:

• when transferring funds from the same fund/orgn and different fringe rates
• when transferring funds from different fund/orgn and same fringe rate.