HCOM

HCOM Receiving Threshold Change

December 14, 2017

Effective with the December 18 Oracle FINDINI release, receiving thresholds in HCOM will be adjusted to only require receiving (3-way match for payment) for all purchase orders (sponsored and non) $2,500 or greater. This change is consistent with several peer institutions and presents an opportunity for departments to realize greater administrative efficiencies for low dollar purchase order transactions. The new process has been reviewed and approved through Central Administration’s Financial Administration (including Strategic Procurement, Accounts Payable, Office for Sponsored Programs, Risk Management and Audit Services, and the Office of the Controller). Please see the Accounts Payable webpage found at https://oc.finance.harvard.edu/hcom-receiving-threshold for detailed information and FAQ’s regarding the change.

HCOM Receiving Threshold Change

November 16, 2017

Effective with the December 18 Oracle FINDINI release, receiving thresholds in HCOM will be adjusted to only require receiving (3-way match for payment) for all purchase orders (sponsored and non) $2,500 or greater. This change is consistent with several peer institutions and presents an opportunity for departments to realize greater administrative efficiencies for low dollar purchase order transactions. The new process has been reviewed and approved through Central Administration’s Financial Administration (including Strategic Procurement, Accounts Payable, Office for Sponsored Programs, Risk Management and Audit Services, and the Office of the Controller). Please see the Accounts Payable webpage found at https://oc.finance.harvard.edu/hcom-receiving-threshold for detailed information and FAQ’s regarding the change.

HCOM Receiving Threshold Change

October 12, 2017

Effective with the November 17 Oracle FINDINI release, receiving thresholds in HCOM will be adjusted to only require receiving (3-way match for payment) for all purchase orders (sponsored and non) $2,500 or greater. This change is consistent with several peer institutions and presents an opportunity for departments to realize greater administrative efficiencies for low dollar purchase order transactions. The new process has been reviewed and approved through Central Administration’s Financial Administration (including Strategic Procurement, Accounts Payable, Office for Sponsored Programs, Risk Management and Audit Services, and the Office of the Controller). Please see the Accounts Payable webpage found at https://oc.finance.harvard.edu/hcom-receiving-threshold for detailed information and FAQ’s regarding the change. 

HCOM Receiving Threshold Change

September 14, 2017

Effective with the November 17 Oracle FINDINI release, receiving thresholds in HCOM will be adjusted to only require receiving (3-way match for payment) for all purchase orders (sponsored and non) $2,500 or greater. This change is consistent with several peer institutions and presents an opportunity for departments to realize greater administrative efficiencies for low dollar purchase order transactions. The new process has been reviewed and approved through Central Administration’s Financial Administration (including Strategic Procurement, Accounts Payable, Office for Sponsored...

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Fellowship Payments and Reimbursements for Students and Non-employee Postdocs/Fellows

January 22, 2015

The Financial Policy Office (FPO) is pleased to announce the publication of a new financial policy, Fellowship Payments and Reimbursements for Students and Non-employee Postdocs/Fellows. The FPO developed the policy in response to several departments' requests for assistance around taxation of fellowships paid to students and nonemployee postdocs.  The policy provides guidance on when travel and other expenses of students/postdocs/fellows can be reimbursed without tax implications, and when these payments must be treated as gross income to the recipient....

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Recommended Browsers and Settings for HCOM

July 17, 2014

Harvard's Strategic Procurement office has produced a work instruction and a short simulation on the recommended browsers and browser settings when using HCOM.  The work instruction and simulation include troubleshooting steps users can take when encountering an issue while using a recommended browser.

If you are an HCOM user, please take a moment to download the PDF work instruction or view the...

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