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The VPF Property Office is once again making the rounds through every MIT building to inventory movable equipment, a process that takes two years to complete. This perpetual inventory of nearly 70,000 items in 105 buildings supports overall accounting of MIT’s capital assets and helps MIT comply with requirements of…

Ask VPF a Question Use this form to submit a question to VPF. Key Contact Emails, Phone Numbers, and Locations Accounts Payable b2p@mit.edu 617-253-7000 NE49-4000 Accounts Receivable accounts-receivable@mit.edu 617-253-3340 NE49-3000 Buy-to-Pay (B2P) Contact Center b2p@mit.edu 617-253-7000 NE49-3000 Cashier Services cashier-services@mit.edu 617-253-3340 NE49-3000 Contracts b2p@mit.edu 617-253-7000 NE49-4000 Financial Accounting and Reporting vpf-cost-objects@mit.edu 617-324-7205 NE49-3000 HR/Payroll payroll@mit.edu 617-253-4255 Fax: 617-258-9700 NE49-4000 Journal…

Consulting/Honoraria/Guest Speaker Fees Service income, classified as independent contractor An honorarium is a voluntary payment, or something in value, given to a person in recognition of a special or distinguished service in an academic activity (e.g. a guest lecture, serving on a panel discussion) for which no fixed fee is set. An honorarium payment is made as a gesture to…

VPF teams are currently working remotely under the Institute’s COVID-19 guidelines. We are ready to provide assistance and guidance to the MIT community by phone and email. Please see below for updates on services and operations, and refer back to this page for updates from VPF. Contact VPF Key Contacts: Buy-to-Pay (B2P) Contact Center, B2P@mit.edu, 617-253-7000 HR/Payroll payroll@mit.edu, 617-253-4255 Travel…

When a new piece of capital equipment arrives on campus, the lab purchasing the equipment can expect a visit from VPF Property Auditor Michael Yeates within days of its arrival, often while the boxes and packing materials are still out in the hall. Making his rounds to campus laboratories to…