Appropriate Funds - GL Journal Entries
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Appropriate $15,000.00 Local Funding for Project (pre-funded).
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GM20 will create the revenue entries for internal funding or non-grant funds.
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Since internal funding is pre-funded revenue entries are created at the time the funding is assigned to the contract.
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Deferred revenue will be posted to the contract level activity, as posting level is not know unit expenditure allocation.
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Transfer from and transfer to entries are optional.