Moving Money and Using PeopleSoft Journals

Moving Money and Using PeopleSoft Journals

Moving Money

The method used to transfer money or balances (e.g., "move money") depends on the Account Type. Specific Accounts and Account Types must be used consistently to ensure that reporting is accurate, clear, and consistent. Refer to the Moving Money Quick Reference Guide for details on:

  • Proper use of Account and Account Type with descriptions
  • Type, method, example, and Accounts (debit and credit) to use for transfers within the campus
  • Method, example, and Accounts (Business Unit dependent) to use for transfers between the campus and UCSF Health

How to Move Money - Journals in PeopleSoft

The purpose of a journal entry is to record a financial transaction in the general ledger (PeopleSoft Financial System) in order to ensure our general ledger accurately capture the related financial activity. 

Journals are used for many purposes including:

  • Record financial transactions in the general ledger
  • Correct previously recorded coding errors
  • Record payroll and non-payroll adjustments
  • Move money for revenue, expenses, support, and external recharges
  • Net position transfers
  • Internal recharges

At UCSF, the journal source code is used to identify the type and purpose of a journal.

Source Code



Cash Receipt – used to record receipt of cash and checks from third parties (not used for sponsored research projects/awards, gifts, or payments for department accounts receivable invoices)


Credit Card Receipts – used to record credit card receipts from third parties


Financial Journal – used to record non-payroll adjustments or to correct chartfields for non-sponsored projects


Regular Cost Transfer – used to transfer expenses between chartstrings when the source or target is a sponsored project


Exception Cost Transfer – used to transfer exceptional payroll expenses, including vacation accrual, or lump sum cost overruns


Recharge-Direct – used to record recharge debits/credits for approved Recharge Units (with a Recharge Project ID)

All journals are created in PeopleSoft by a Journal Preparer and approved by a Journal Approval. Journal Preparers and Approvers are designated by their department and must complete training before they are provisioned their role in PeopleSoft. Not all Source Codes are available to all PeopleSoft Journal Preparers and Approvers. In addition, some Source Codes require additional workflow for approval by the Control Point or the Controller's Office. These include:

Read Understanding Journals to learn more about journals, including how to become a PeopleSoft Journal Preparer or Approver.