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Procedure BF-AS-PR13 Transfer of Funds

 

Dates Effective From: 24 August 2015
Responsible Officer: Vice President for Business Affairs and Controller
Sponsoring Department: Accounting Services
Errors or changes to: Office of Legal Affairs policysite@uta.edu

Contents


  1. Objective
  2. Scope
  3. Procedures
  4. Definitions
  5. Relevant Federal and State Statutes
  6. Relevant UT System and UTA Policies, Procedures, and Forms
  7. Appendices
  8. Contact Information
  1. Objective

    -

  2. Scope

    -

  3. Procedures

     

    Transfer of Funds

     

    Transfers of funds are generally made only within a fund group (i.e., from a 2xxx to a 2xxx, from 31xx to a 31xx).

    1. To request a transfer of funds for state or local cost centers (2xxxxx, 3xxxxx, 4xxxxx), complete the Funds transfer document in UT Flow.
    2. To request a transfer of funds for gift or endowment funds (55xx or 56xx), complete a Funds transfer document in UT Flow or send a memo to Accounting Services with the following information:
      • Debit cost center number and credit cost center number
      • Amount to be transferred
      • Reason for the transfer
      • Signature of cost center manager
    3. Transfers CANNOT be made within a 55xxxx or 56xxxx from one budget account to another (i.e., from A1200 to A4000). Only transfers from one cost center to another cost center.
    4. Contact the Office of Research for transfers involving Grants/Sponsored Projects (126xxx or 1xxxx project ids).
  4. Definitions

     

    N/A

  5. Relevant Federal and State Statutes

     

    N/A

  6. Relevant UT System and UTA Policies, Procedures, and Forms

     

    N/A

  7. Appendices

     

    N/A

  8. Contact Information

     

    Office of Accounting Services: 817-272-2194 or acctserv@uta.edu

    Office of VP for Research: www.uta.edu/research/administration/vp-for-research