payroll/budget

NIMBUS now open: training available!

The NIMBUS budget system is now available for the Fiscal 2018 budget planning cycle. Detailed budgets are due in NIMBUS by the close of business on Tuesday, February 28.

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

'Tis the season for year-end gifts - don't miss the deadline!

At MIT, that can mean last minute philanthropic gifts from donors aiming to make the December 31 tax deadline. But whether the gift is part of an end-of-year tax strategy or an act of generosity, all gifts $2,000 or more, now or at any time of the year, should go straight to the Office of the Recording Secretary (W98-300). To be counted as a 2016 donation, all gifts must be received in W98 by Friday, January 6. (See key deadlines at the bottom of this article.)

Accounting fundamentals

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:

Buying + Paying. Simplified.

In October 2015, the Buy-to-Pay (B2P) project team in the Office of the Vice President for Finance (VPF) and Information Systems and Technology (IS&T) began the design phase of a system to improve the community experience by transforming the process of buying and paying for goods and services at MIT. 

Plan your finances, plan your life: strengthen your relationship with money

Dinner will be available in the Picower Atrium beginning at 5:30 p.m. and the seminar presentation will run from 6:00 - 7:30 p.m.

Would you like to strengthen your relationship with money and learn to live within your means while continuing to spend on what matters most to you? Learn to eliminate financial overwhelm and instead powerfully manage money in your day-to-day life by designing a spending and savings plan (a.k.a. a budget) that allows you to have more freedom, choice, and peace in your life. 

Introduction to sourcing and procurement

The Introduction to Sourcing and Procurement course will provide an overview of purchasing tools, requirements, and resources at MIT. It is designed for new employees who make purchasing decisions, new employees who create requisitions or verify credit card charges, and experienced employees who are looking for a review of purchasing at MIT.

Objectives: Upon completion of the course, participants will:

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