Latest update includes:
- FY2013-16: Mid-Year FY2013 Capital (Fixed) Asset Inventory Review
- FY2013-15: Late Penalty Interest Rate
- Periodic Allotment
- The Comptroller is on Twitter @MA Comptroller
- MMARS Saturday and Holiday Hours
- Weekly Fraud Awareness and Prevention Fact - Uniform Occupational Fraud Classification System
- Upcoming Training Sessions and Meetings
- MMARS Hint of the Week – Find the Correct Commodity Code
FY2013-16: Mid-Year FY2013 Capital (Fixed) Asset Inventory Review
CTR Memo FY2013-16 has been posted to the CTR Web Portal. The memo serves as notice that mid-year inventory of GAAP Capital Assets is underway. Several MMARS reports can be accessed through DocDirect to assist with this effort. Every department must return a form confirming the review is complete.
FY2013-15: Late Penalty Interest Rate
CTR Memo FY2013-15 has been posted to the CTR Web Portal. This memo advises departments as to the late penalty interest rate for January 1, 2013 – June 30, 2013.
Periodic Allotment
On or about Tuesday, January 22, the Executive Office for Administration and Finance will process the sixth periodic allotment of FY2013 to increase the expenditure ceiling in budgetary accounts to 66.67% (a one-month allotment).
The next scheduled periodic allotment will be on or about February 19. Agency staff are asked to make ANF budget analysts aware of any requested ad hoc allotments as soon as possible to ensure that it can be reviewed by ANF staff in a timely fashion.
The Comptroller is on Twitter @MA_Comptroller
The Office of the Comptroller has joined Twitter to enhance communications with our constituencies. Twitter will supplement our existing communication vehicles (eUpdate, MMARS News) and will be used for announcements, promoting upcoming events and training, and interacting with you. Click here to follow @MA_Comptroller on Twitter today.
MMARS Saturday and Holiday Hours
MMARS and LCM will be available Saturday January 19, from 9:00 A.M. to 7:00 P.M. The Help Desk will not be staffed and any Saturday Help Desk calls will be returned on Tuesday, January 22.
MMARS and LCM will be available on Martin Luther King Day, Monday January 21, from 7 A.M. - 7 P.M. A normal LCM cycle, but no financial cycle will be run. The Help Desk will not be staffed and any holiday Help Desk calls will be returned on Tuesday, January 22.
Weekly Fraud Awareness and Prevention Fact – Uniform Occupational Fraud Classification System
Fraud schemes are categorized under the three main categories of Fraud (Asset Misappropriation, Corruption, and Fraudulent Statements and Reporting) in the Uniform Occupational Fraud Classification System. The classification system is widely available online and can be found at the Association of Certified Fraud Examiners’ (ACFE) website, on p.10 of their “Report to the Nation on Occupational Fraud and Abuse ”.
Please visit the Fraud Prevention section of our Internal Controls Page for a link to the Toolkit for Departments to Combat Fraud, Waste and Abuse and the Combat Fraud, Waste and Abuse Brochure.
If you have any questions regarding this or previous Fraud Awareness and Prevention Facts, please contact the Comptroller Help Desk at 617-973-2468 or via email Comptroller.Info@State.MA.US. To report Fraud, Waste, or Abuse contact one of the Commonwealth’s Whistleblower Hotlines.
Upcoming Training Sessions and Meetings
- Appropriation Management – Thursday, January 24, 9:00 A.M. – 12:00 P.M. One Ashburton Place Boston, 9th Floor Training Lab
- Intermediate MMARS Warehouse – Friday, January 25, 9:00 A.M. – 1:00 P.M. One Ashburton Place Boston, 9th Floor Training Lab
- Accounts Receivable for Beginners – Tuesday, January 29, 9:00 A.M. – 12:00 P.M. One Ashburton Place Boston, 9th Floor Training Lab
- CIW Report Building with MS Excel – Thursday, January 31, 9:00 A.M. – 12:00 P.M. One Ashburton Place Boston, 9th Floor Training Lab
- Intro to State Finance MMARS Navigation – Monday, February 4, 9:00 A.M. – 12:00 P.M. One Ashburton Place Boston, 9th Floor Training Lab
- Webcast How to Run a Warehouse Starter Query – Friday, February 8, 10:00 A.M. – 11:00 A.M. One Ashburton Place Boston, 9th Floor Training Lab
Register for these sessions via the Comptroller's Training and Meeting Schedule which lists classes scheduled for three months and Payroll User Groups through December 2013.
MMARS Hint of the Week – Find the Correct Commodity Code
To find the correct commodity code, use the Commodity table. COMM is the Page Code for the Commodity table. When performing a search, use an asterisk before and after the name for better search results.
