Finance 502: Labor Redistribution
To provide guidelines for processing a labor redistribution
Labor Redistribution: The labor redistribution process is used to transfer of labor charges from one labor account to another and to correct all fund, organization, account, and program code errors.
Labor redistributions are only allowed within the same fiscal year (exceptions may be made for sponsored projects). In addition, there are cut off dates for processing labor reallocations from the prior calendar. If you plan to do a redistribution after the end of the fiscal year and before the close of finance for the fiscal year, consult with Grants & Contracts or the Fiscal Technician in the General Accounting and Budget office about the year-end closing deadlines.
The redistribution process is not to be used for the following:
Journal vouchers must not be use to redistribute labor.
502 - Labor Redistribution