When is a transfer between employees considered complete?

A transfer between employees is considered complete once both employees involved have signed the transfer document and the time of the transfer has been recorded. This step is critical as it formally acknowledges that both individuals agree to the change in responsibility and that it is officially documented. Signing the transfer document ensures that there is a clear understanding and agreement regarding the transition, which is essential for maintaining accountability and operational continuity.

The signing process also serves as a means to ensure that there are no misunderstandings about the roles and responsibilities being transferred. Recording the time adds an additional layer of specificity, providing a documented timeline of when the transfer occurred, which can be important for tracking purposes or in the event of any questions or disputes later on.

Thus, the completion of the transfer hinges on the documented agreement and acknowledgment by both parties, making this the correct understanding of when a transfer is finalized.