Cost Transfers

The process for cost transfers has been settled.  It will be a journal entry in IO much as it was in Banner, and the steps depend on whether you are moving labor, moving non-labor onto or off of a sponsored research grant (formerly R fund), or all other.

• Non-labor cost transfers onto or off of sponsored research projects follow the same process as converted cost corrections, explained here https://rchcostacctng.blogs.rice.edu/2021/09/15/updated-non-labor-cost-transfer-form/ . The completed templates are dropped off in the Box folder “FBDI templates and drop-off” under “Cost Transfers (RCA)”.  This is the process any time a sponsored project or faculty fund or university award is involved.  The contact for this process is Research Accounting.
• Labor redistribution uses the template and job aid available under “Labor Distribution” in that same FBDI directory.  The contact for this process is Payroll.
• All other non-labor cost transfers (that do not involve sponsored research projects or faculty funds or university awards) use the FBDI template for General Ledger (or PPM if capital project), found in the “FBDI templates and drop-off” folder here https://rice.box.com/v/FBDI-folder-for-dropoff.  The contact for this process is General Accounting (Crystal or Flor).