What Are Accounts Payable Cost Transfers?

Accounts Payable cost transfer is the process of retroactively changing the funding source for all or part of an item or cost. Cost transfers reverse the expense on the original grant activity and reallocate expense to another grant activity or general ledger account. Cost transfers can be approved using Infor Process Automation.

To create cost transfers, you create a distribution adjustment on Distribution Adjustments (AP30.2).