Calendar List

Jan
18

This 2-hour class is for members of the MIT community who will be using the new Buy-2-Pay system.

Buy-2-Pay is MIT’s new purchasing management system. Members of the community will use Buy-2-Pay to create and submit purchase requisitions, monitor approvals, track orders, record order receipts, and review invoices and payments. The overview will include:

9:30 AM-11:30 AM
NE49-3100 - Grand Cayman Conference Room
Buying and Paying

Jan
31

VPF Budget and Financial Analysis will host NIMBUS Budget System training for submission of the Fiscal 2018 budget. If you will be a first-time user or just need a refresher course, please plan on attending one of the training sessions.

Training sessions will be held in the Grand Cayman Conference Room, NE49-3100 on:

  • Tuesday, January 31, 2-3 pm
  • Thursday, February 16, 10-11 am
2:00 PM-3:00 PM
NE49-3100 - Grand Cayman Conference Room
Budget Management

Feb
21

Instructor: Frank Celani

Details

This course introduces basic accounting principles and terminology, the general format and flow of MIT's accounting process, and the relationship between end user and central accounting. No prior knowledge of accounting is required.

This course is a general overview of the MIT accounting cycle. It does not cover specific procedures for completing MIT forms, monitoring MIT reports, or reconciling MIT statements.

In this course, participants are introduced to:

9:00 AM-12:00 PM
NW23-249
Property, Tax, and Accounting

Apr
11

Introduction to Travel and Expense is for individuals who either travel on official Institute business, prepare expense reports, or make travel arrangements. It includes information about MIT’s preferred travel agencies, airline, car rental companies, and hotels, an overview of the MIT’s Travel Policy, and a demonstration of the electronic travel booking and reporting system.

Upon completion of the course, participants will:

9:00 AM-10:30 AM
NE49-3100 - Grand Cayman Conference Room

This class provides an overview of purchasing systems and tools, documentation requirements, independent contractors and contracts, and other resources available to support purchasing goods and services for MIT. Designed for new employees who make purchasing decisions, create requisitions, require contracts, or verify credit card charges, and for experienced employees who are looking for a review of purchasing at MIT.

Recommended: Individuals are encouraged to take the Overview of Procurement online training course prior to attending.

Course # ADM10090c

10:45 AM-12:45 PM
NE49-3100 Grand Cayman Conference Room
Buying and Paying

Available through the Atlas Learning Center.

This demo is intended for learners who complete Journal Vouchers – or JVs – at MIT and who have a basic understanding of the SAPweb JV process. Reviewing this demo should take approximately 15 to 30 minutes to complete.

One of the most common transactions completed at MIT is a Journal Voucher. Journal Vouchers exceeding 20 lines should be completed via the SAPgui upload function. This demo will show the basics of completing an upload accurately the first time.

This course is available through the Learning Center on Atlas (atlas.mit.edu)

Reference Course: ADM10260w

Details

This course is intended for learners who verify Procurement Card transactions – also known as ProCard transactions – at MIT. This training course should take approximately 60 minutes to complete.

Available through the Atlas Learning Center.

This online course is designed to provide basic knowledge and skills needed to function effectively in a position with fiscal responsibilities. Current and aspiring financial administrators at MIT.

Topics include:
- MIT's cost object categories and cost object types
- MIT’s secondary cost structure
- Project structures
- Cost elements

Property, Tax, and Accounting

Available through the Atlas Learning Center.

This course is intended for all learners who use the Procurement card – also known as the ProCard – at MIT.

This training course should take approximately 15 to 30 minutes to complete.

It is necessary to complete this training before receiving your MIT ProCard.

Recommended Prerequisites:

The following course is not required but is recommended to get the most out of this course:

- Allowable/Unallowable Costs at MIT (ADM13010c)

When consumers use payment cards, they assume that the information they share is secure. Data security standards were developed to help merchants maintain safeguards critical to the protection of payment card data.

Available through the Atlas Learning Center.

This course is intended for learners who accept payment cards at MIT, including business owners, their employees, as well as MIT staff.

After completing this course you should be able to:

Payments to MIT

Available through the Atlas Learning Center.

This course is intended for learners who conduct financial reviews at MIT. Reviewing the course should take approximately 30 to 45 minutes to complete.

One of the most important parts of your role is to know the elements of an expense or revenue transaction. Financial Review and Control – or FRC – helps you understand this and the key elements of risk at MIT.

This online training will show the basics of FRC and how to recognize what constitutes effective review.

Property, Tax, and Accounting

Available through the Atlas Learning Center. Reference code: ADM10230w

Details

The fiscal year end process is comprised of several activities as part of the year end schedule. This demo should help:

· Guide you through these activities

· MIT ensure the audited financial statements are in compliance with Generally Accept Accounting Principles (GAAP)

This demo should take approximately 15 - 30 minutes.

Available through the Atlas Learning Center.

ERFP is a self-service, web-based Request for Payment (RFP) form with a direct link to MIT’s SAP Financial system.

You can request, approve, submit, and manage your RFPs from anywhere, at anytime provided you log in with your certificate or Kerberos username and password.

Buying and Paying

Available through the Atlas Learning Center.

When consumers use payment cards, they assume that the information they share is secure. Data security standards were developed to help merchants maintain safeguards critical to the protection of payment card data.

This course is intended for learners who accept payment cards at MIT, including business owners, their employees, as well as MIT staff.

After completing this course you should be able to:

Payments to MIT

Available through the Atlas Learning Center.

This online course is for MIT's web-only merchants who administer credit card transactions using the Cybersource EBC software application. A separate course is provided for MIT Clubs.

Topics covered in this class include:
* Overview of credit card transaction processes
* Navigating CyberSource EBC
* Searching for and viewing transactions
* Voiding transactions
* Managing soft declines
* Issuing credits (refunds)
* Monthly activities and reports

Payments to MIT