This course will walk you through the key activities that Departments, Laboratories, and Centers (DLCs) perform during the fiscal year-end close in preparation for publishing MIT's financial statements and the Treasurer's Report. It is provided to help ensure that MIT's audited financial statements are in compliance with Generally Accepted Accounting Principles (GAAP).
Available through the Atlas Learning Center.
This course provides an introduction to requesting reimbursement via MIT's eRFP system.
Completion time: approximately 30 minutes.
Buying and Paying
This course covers the basic knowledge and skills needed for financial management at MIT.
Property, Tax, and Accounting
Available through the Atlas Learning Center.
Are you looking to hire an individual to perform services at MIT? This course explains when a person can be hired as an independent contractor, when he/she must be hired as a temporary or permanent employee, and why.
Buying and Paying
Available through the Atlas Learning Center.
Topics 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
Completion Time: 20 minutes
Payments to MIT
One of the most important parts of your role is to know the elements of an expense or revenue transaction. Financial Review and Control (FRC) helps you to understand this and the key elements of risk at MIT. This self-paced online training will show the basics of FRC and how to recognize what constitutes effective review.
TOPICS
- Basic Steps of FRC
- What Constitutes an Effective Review
- Elements of Risk
Completion Time: Approximately 30 to 45 minutes
Property, Tax, and Accounting
The following online courses provide detailed information on how to use the B2P system. Each course takes approximately 10–30 minutes to complete (specific times noted below).
- B2P: Basics
Provides a general introduction to the MIT Buy-to-Pay (B2P) system for users new to B2P.
Completion time: approximately 30 minutes
Complete B2P Basics before taking the following courses:
Buying and Paying
Available through the Atlas Learning Center.
This course provides an introduction to requesting payment via MIT's eRFP system. Payment requests are used for low-dollar supplier payments, honoraria, prizes/awards, visa fees, and human subject payments.
Completion time: approximately 30 minutes.
Buying and Paying