10-05-2012 9:14 AM
Hi:
I have posted a grant budget with with two fund types , external and internal 80:20 ratio. Now i want to make a transfer of funds from internal to external along with a combination of sponsored class & program. For doing so i select Transfer in GM_CREATE_BUDGET but system does not show anything like sender or receiver. Is there no concept of budget transfer from internal to external in GM ? Please guide .
Regards
10-10-2012 1:31 AM
Hi Atif,
To my knowledge transfer between internal and external fund is not allowed in GM. A transfer of commitments or actuals is allowed and is used for cost sharing. You can make this transfer in FM.
Thanks
Shyam
10-10-2012 1:31 AM
Hi Atif,
To my knowledge transfer between internal and external fund is not allowed in GM. A transfer of commitments or actuals is allowed and is used for cost sharing. You can make this transfer in FM.
Thanks
Shyam
10-11-2012 7:53 AM
Hi Shyamal:
If there is no transfer functionality then why there is option of Transfer in GM_CREATE_BUDGET .
Thanks
10-11-2012 11:33 AM
Atif,
The Transfer option covers transfers between sponsored programs, sponsored classes etc. To make these transfers you must enter a negative value in the sender and a positive amount on the receiver.
Thanks
Shyamal