End of year transfer

The “end of year transfer” concerns differentiated payment appropriations. It is intended to ensure that, insofar as possible, the outstanding invoices related to funds in shared management can be honoured, by making full use of available payment appropriations at the end of the budgetary year. While the sources can come from any part of the budget lines, they can only be used to cover pending payments in shared management (in particular agriculture and cohesion policy).