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Interaccounts

Interaccounts allow one department or organization on campus to bill another for goods or services.  Interaccounts are now to be completed on the Expense Transfer form.

If the transaction is to move an expense that has already occurred from one department or organization to another, complete an Expenditure Transfer form.

To complete an Interaccount:

  • The “selling” department:
    • Provides the goods or services,
    • Completes the CREDIT portion of the form, supplying their Organization and Account Code to be credited, and activity code if applicable,
    • Completes the "Explanation" section of the form, describing in detail the goods or services sold and the purpose of the sale to the other department,
    • Signs the form as the Preparer of the form certifying that the goods or services were provided.
  • The “buying” department:
    • Receives the goods or services,
    • Completes the DEBIT portion of the form, supplying their Organization and Account Code to be charged, and activity code if applicable,
    • The form is signed by the Financial Manager of the Debit org code.

 Send completed and authorized Expense Transfer form via campus mail or email:

          Mail to :  Accounting and Financial Services, Coates CPO 3A, Jones 213

          Email to:  acc.accounting@eku.edu

 Accounting & Financial Services verifies availability of funds before processing the Expense Transfer form.  If funds are not available to charge the expense, Accounting & Financial Services will not process the transaction until such time that funds are available.  No prior year form will be accepted for processing after year-end closing date deadline.  Any concerns regarding this should be directed to Angela Burrows, Director of Accounting and Financial Services at 859-622-1814 or angela.burrows@eku.edu

 

***If link to form does not work, you can find the form at forms.eku.edu under "J" for Journal Voucher.

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