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Transferring from a prior biennium
Common questions “Can I transfer from a closed biennium?” I’m getting the following error. How can I
transfer this?”The biennium you are attempting to transfer expenses from is closed. A transfer can only be allowed to appropriately allocate costs based on effort expended on a grant.
My Administrator told me I HAVE to transfer this salary. Is there a work around for this?
Transferring from a prior biennium Why is MyFD Customer Support getting
these questions? System rule that won’t allow salary or non-
salaries to be transferred, from a prior (closed) biennium
Exception to this rule is grant budgets Must be budget type 05 and excludes classes 34,
52, 53, 572007 Biennium 2009 Biennium
Eeek! We need to transfer Bob’s salary from May-June09! He shouldn’t be paid on budget 10-0001.
Transferring from a prior biennium
Transaction Summary Report
Expense Transfer Form
Transferring from a prior biennium
Budget Type you’re transferring TO
Expenditure type
System to use
Non-grant(state, revenue generating, gift, etc)
Salary Transfer not possible
Grant(Budget Type 05, excluding class 34, 52, 53, 57)
Salary MyFinancial.desktop
Non-grant Non-Salary Use online JV process from Banking & Accounting(will loose visibility to historical data & audit trail)
Grant(same exceptions as above)
Non-Salary MyFinancial.desktop
Transferring from a prior biennium
Q: How do I know if the budget I’m transferring “TO” is a grant?A: Check the budget profile report.
Transferring from a prior biennium
Reminders! Closed biennium transfers allowed in MyFD
when: both credit and debit budgets are open Transferring “TO” a grant budget
Budget Type 05 Excluding class 34, 52, 53, 57
Salary transfers are not allowed in MyFD when one of the criteria above is not met
Non-salary transfers are allowed via online JV process (Banking & Accounting)
