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Transactions > Borrow Payback Transactions
Purpose
Borrow/Payback transfers are typically performed by government contractors to comply with government standards and regulations, but could be used by non-government contractors to address cost variances related to temporary project transfer. You can use borrow/payback transfers to borrow material for a project which has a shortage for an item. You can borrow from any other project which has the item on-hand and payback the replacement item at the original borrow cost. The borrowing project incurs any variance between borrow and replacement cost.
Window(s)
Project Borrow
Transactions > Borrow Payback Transactions
Purpose
Borrow/Payback transfers are typically performed by government contractors to comply with government standards and regulations, but could be used by non-government contractors to address cost variances related to temporary project transfer. You can use borrow/payback transfers to borrow material for a project which has a shortage for an item. You can borrow from any other project which has the item on-hand and payback the replacement item at the original borrow cost. The borrowing project incurs any variance between borrow and replacement cost.
Window(s)
Project Transfer
Project Borrow
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