In certain situations it is necessary that expenses be incurred by one department on behalf of other departments for the most effective and efficient delivery of goods and services. The use of interdepartmental charges (IDC) is the primary method to transfer charges from a central account to departments who utilize the goods and services in their operations. The interdepartmental charge process includes authorizing, and recording the costs of goods and services from a central department to departments who utilize the goods or services.
Section: Accounting and Financial Oversight
Effective Date: September 2016
Last Reviewed: September 2016
Responsible Executive: Senior Vice Chancellor and Chief Financial Officer