Expense Transfers

The expense transfer feature allows users to transfer posted salary and non-salary expenditures. Allowable transfers include RSTs (Retroactive Salary Transfers) and RTEs (Request Transfer Expenditures). 

Journal Vouchers

The journal voucher feature allows users to create entries against a budget or general ledger. JVs are only used for entries that cannot be completed through expense transfer. For example, this would include a transfer involving a revenue or balance sheet item, or when posting to a general ledger.

Journal vouchers require attachments, which provides appropriate support for the financial transaction, an essential element of internal control. Guidance regarding financial transactions and support documentation is found in the Internal Controls area of the Financial Reporting website: https://finance.uw.edu/fr/internal-controls/documentation

 

NOTE: MyFD access and submittals/approvals work differently between Expense Transfers and Journal Vouchers. To understand how different MyFD authorizations work, please check our About Access to MyFD webpage.