Programs State accounts include accounts in programs 01 through 10 and programs 15 and above. Expenditures incurred in a given fiscal year cannot be transferred after the July cutoff date following year-end. This time limit applies to transfers involving state accounts in programs 01 through 10 only. Programs Sponsored accounts include accounts in programs 11 through 14. Requirements Departments should avoid frequent, late, or inadequately explained transfers to sponsored projects.
Personnel are to ensure that expenditures are initially assigned to the correct account.
SPFO will not transfer a given expenditure more than once. Clearing an overdraft. Avoiding restrictions imposed by law. Avoiding restrictions in a sponsored agreement. Allowable Transfers Expenditure transfers are allowable between closely related projects when the transfer meets all of the conditions specified in the sponsor's policies or guidelines or award terms and conditions.