In order to preserve federal grant reporting requirements, statutory transfers from federal funds will be recorded in the federal grant fund as an Operating Transfer (transfer account code 60810 along with the fund affiliate of the receiving fund). These transactions are referred to as "Source 9" transactions which denote that the transfer authorization is provided in language bills. As such, special account coding must be used to ensure that the transaction budget checks against the project budgets, but does not budget check against appropriation or segregation budgets.

Guide to Financial Operations

REV. 07/29/2015