Journal Entries

Journals consist of the following:

1. Internal transfer journals are processed to credit a recharge center or operating account and charge a sponsored or general project. Examples of recharge centers are telephone operating account, mass-spec operations, etc. Most recharge centers submit a monthly log of users. The log contains the chartstring to charge, the date/period of service, the number of units (sample, day, etc.) and the amount to collect based on the recovery rate per unit.

2. Voucher journals are used to correct processed vouchers in ARC.
3. General journal entries are used to correct expenses prior to 7/1/2012 and transfer funds between projects.