Original Issuance Date: July 1, 2015
Last Revision Date:
1. Purpose
The purpose of this practice directive is to reference UW System Administrative Policy 324, Inter-Institutional Financial Transactions.
2. Background
As stated in UW System Administrative Policy 324, Inter-Institutional Financial Transactions, budget authority should be transferred from one institution to another when the major responsibility for program delivery has moved either permanently or on a one-time basis. The various contractual responsibilities should also transfer with the budget authority.
3. Definitions
Please see SYS 1225, General Terms and Definitions, for a list of general terms and definitions.
4. Practice Directive
UW System Administrative Policy 324, Inter-Institutional Financial Transactions, establishes policies and defines procedures to be used to account for inter-institutional financial transactions and/or when making payments for personal services involving an individual who holds a concurrent appointment at another UW institution.
5. Related Documents
UW System Administrative Policy 324, Inter-Institutional Financial Transactions
UW System Administrative Policy 235, Personal Service Payments