What is the difference between a Journal Voucher, Budget Transfer/Reallocation and Personnel Reallocation?
A journal voucher, or JV, is a request to move a specific charge from one organization to another. For example, if unit “A” purchases an item that should be charged to unit “B”, a JV would be submitted requesting the movement of that item from one organization to another. These requests should be sent to Fiscal Services. Journal voucher requests should be submitted no later than the 20th of the month in order to be credited to that month. If the journal voucher involves sponsored programs funds exclusively, please submit the request directly to the appropriate team member in Sponsored Programs. A budget transfer is the movement of funded dollars, either on a temporary or permanent basis, from one organization to another. For example, unit “A” supports unit “B” on a joint initiative. Unit “A” requests that $500 be transferred into the direct expenditures line for one of unit “B”‘s organizations to offset any photocopying, etc. that might be involved related to this initiative. Again, th
Related Questions
- What is the difference between changing a budget and seeking a one-time transfer of funds to cover an unusual expense or purchase?
- What is the difference between a Journal Voucher, Budget Transfer/Reallocation and Personnel Reallocation?
- Whats the difference between a temporary and permanent budget transfer?
