I thought that was always unallowable.  I've always required some kind
of a memo for any kind of transfer as justification.  If the PI
mentioned something to the effect that they were moving a deficit to
another account, the note was returned.  This was also required for me
to charge an account because they had a balance remaining.  Fortunately,
they're creative people.  Getting some creative writing from them was
never really a problem.

Greg Schmidt

Brill, Linda wrote:

>One of the policy changes that was implemented with the 12/03 NIH Grants Policy Statement included the following:
>
>Cost Transfers:  policy now states that transfers of costs from one project to another or from one competitive segment to the next solely to cover cost overruns are unallowable.
>
>How are other institutions handling this policy change?  It is impossible to spend exactly what the grant budget specifies without making some accounting adjustments at the end of the project period.
>
>Thanks in advance for your input.
>
>Linda Brill, CPA, MBA
>Associate Director of Finance
>Lankenau Institute for Medical Research
>100 Lancaster Avenue
>Wynnewood, PA  19096
>610-645-2760
>610-645-8299 (fax)
>xxxxxx@mlhs.org
>
>
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