This session will focus on helping individuals who make purchases or process payments on behalf of Harvard gear up for the new academic and fiscal year.
A high-level review of roles and responsibilities and documentation requirements when making purchases and processing payments to vendors and individuals as well as pertinent policies will be reviewed.
Confused on what the differences are between prizes, grants, and awards? Want to know how and when to process these types of payments, what object code to use, and when they may be reportable or taxable?
If you share these questions or have similar ones, please join us on Thursday, April 25 from 11:00-12:00 in the Lamont Library, Forum Room.
The Independent Contractor Policy has been revised with an effective date of July 1, 2019. The updated policy has stream-lined the questionnaire and provides guidance and clarification on when and how to classify an individual as an employee or independent contractor. Expanded training materials have also been created to help hiring departments, Human Resources and Finance Offices determine specific roles and responsibilities.