Cost transfers move expenses between sponsored research projects or between non-restricted SpeedTypes and sponsored projects. The nature of cost transfers makes them subject to extra scrutiny during audits. Therefore all cost transfer journal entries must be approved by the Campus Controller’s Office (CCO). 

Different requirements apply to different cost transfers, depending on the timing of the cost transfer and the expense accounts involved. See Cost Transfer Policy and Guidance for details.

Journal Entries (JEs)

Journal entries or interdepartmental invoice journal entries (INs) that involve a Fund 30 or Fund 31 SpeedType require the Campus Controller's approval prior to the transaction posting to the general ledger. We will review cost transfers for approval and to ensure that they are in compliance with federal statutes, regulations, CU policies and procedures, and terms and conditions of the award.