Accounts Payable makes every attempt to pay RFP invoices and reimbursements within three to five business days after the RFP has been received. If an RFP needs to be paid sooner, Accounts Payable needs to be informed of the date when the payment is needed to ensure the payment will be ready.
In the event an incorrect charge is made against your cost object, contact Accounts Payable, 617-253-7000, or send an email providing the cost object that was charged in error, the amount and the month the charge appeared on your statement. We will review the charge in question and if a mistake was made in charging your cost object we will remove or correct the charge to the appropriate cost object .
“Fast checks" are available on an emergency basis only. Whenever possible, you should try to plan ahead to ensure a payment will be issued by the day you need it. An advance call to the Accounts Payable office is appreciated before coming over for a fast check.
Generally, no. Be sure to bring MIT's sales tax form to the vendor if purchase must be made with your own credit card or cash.
No. Only under special circumstances can the time period for a blanket order cover a period longer than one fiscal year.
All purchase orders are automatically sent to the supplier via email or cXML once the requisition has been fully approved. To view the supplier version of a PO, you can open the PO in B2P and click Supplier Print View.
Each cardholder will need to have someone within his/her department be a verifier. This verifier will be able to review all Procurement Card charges online in SAP for their cardholder(s). They will have 21 days to review, reallocate and approve the charges.
Send an e-mail to purchase order closeout pocloseout@mit.edu containing the purchase order number you wish to close.
Standard payment terms for invoices are 30 days from the invoice date (date the goods were received or services rendered). If an invoice is received after 30 days from the invoice date, Accounts Payable makes every attempt to remit payment within three to five business days after the invoice has been received.
If the invoice was attached to an email or sent in paper form, send the invoice as an email attachment to invoices@mit.coupahost.com. Include only a single invoice attached as a PDF, leave the body blank, and be sure the PO number is included on the invoice. Do not stamp or sign the invoice, as the invoice will be going through your approval workflow electronically once AP enters it into the B2P system. (Applies only for invoices on B2P POs; pre-B2P PO invoices should be processed with stamp/signature.)