Revenue Transfers

A revenue transfer is the moving of cash that has already been posted to another account. 

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Best Practices

  • The cash balance in the account to be debited must be sufficient to accommodate the transfer.
  • Transfers of revenue may be completed anytime during the fiscal year prior to the date set in the State Financial Cutoff Dates for Year End and will be effective on the date processed.
  • Transfers of revenues require appropriate approval as determined by the policy of each administrative unit.
  • You may not process a Revenue Transfer for State Operating Accounts or DIFR accounts because they are allocation-based. Please see Allocation Transfers.
  • Fee and Service revenue should not be transferred out of approved accounts without permission from the Cost Accounting Group.
  • If a Revenue Transfer is not allowable, please consider if an expenditure transfer would be appropriate. 

What Is Needed to Complete a Revenue Transfer

  • The debit account number to transfer revenue from.
  • The credit account number to transfer revenue to.

Revenue Transfers are ONLY allowed between the below funding sources:

State Research Foundation UB Foundation
Allowable Research Foundation Funding Sources for Revenue Transfers
Charge Funding Source Credit Funding Source Allowable Forms and Documentation
Research Foundation Indirect
 Research Foundation – Indirect
 Yes Budget Transfer for Non-Sponsored Account
Research Foundation – Other
 Research Foundation – Other
 Yes
 Budget Transfer for Non-Sponsored Account

For information regarding Research Foundation Sponsored Direct Transfers reach out to Sponsored Project Services or contact a grant expert.

Contact an Expert

State Revenue Transfers

Leah Kerr.

Leah Kerr

IFR, Revenue Accounting and Treasury Management

Financial Management

Phone: 716-645-0232

Email: rev-transfer@buffalo.edu

Research Foundation Revenue Transfers

Brendan Davis.

Brendan Davis

Accounting: Non-sponsored RF

Financial Management

Phone: 716-645-2602

Email: brdavis2@buffalo.edu; nsgroup@business.buffalo.edu

UB Foundation Revenue Transfers

Rachel Hassett.

Rachel Hassett-Washbon

Revenue Operations Manager

UB Foundation

Phone: 716-645-8719

Email: hassett2@buffalo.edu