What is the difference between an expenditure transfer and a budget transfer?
. A Budget Transfer Form is to be used when a department is moving all or part of a budget appropriation to a different Department ID or Account. Budget may not ever be transferred across funds, for example General Fund monies must stay in the General Fund, Lottery monies must stay in Lottery. In the even an expense was charged incorrectly a department has the option of moving that expenditure across funding sources. This type of transfer must be done on an Expenditure Transfer Form which is found on the Accounting Forms website.
A. A Budget Transfer Form is to be used when a department is moving all or part of a budget appropriation to a different Department ID or Account. Budget may not ever be transferred across funds, for example General Fund monies must stay in the General Fund, Lottery monies must stay in Lottery. In the even an expense was charged incorrectly a department has the option of moving that expenditure across funding sources. This type of transfer must be done on an Expenditure Transfer Form which is found on the Accounting Forms website.
