Payments

Resources to assist and educate departments with managing all payments issued through MMARS.

Accounts Payable Overview


Disbursement Process Overview

 

Expenditure Classification Handbook

Prior Year Deficiencies

Vendor Payments

Payroll-Related Payments

Procurement Cards (P-Cards)

Prompt Pay Discounts

Departments that are now negotiating new contracts should take advantage of the MMARS feature of automatically calculating prompt pay discounts. This valuable cost-saving enhancement in MMARS stores the vendor's discount terms on the encumbrance document, which will copy forward to the payment document and automate the calculation and payment process. This feature provides the departments the means to monitor their bill-paying practices and take full advantage of discount opportunities. The Commonwealth's goal of consistent timely bill paying via Electronic Funds Transfer (EFT) should give you leverage in negotiating discounts.

MMARS gives departments the ability to enter discount-pricing terms (percentages) that will automatically calculate discounted payment programs. The system also maintains discount history, and can identify missed discount opportunities. Please review your existing policies and procedures related to vendor discounts, and look for ways to leverage the MMARS functionality. For more information on Prompt Pay Discounts, please consult the Applying Discounts Job Aid for how to set this up in MMARS.

Please also see the Prompt Payment Discounts Policy for more information.

Recurring Payment Reminders


Settlements and Judgments

Vendors Offering Discounts *Link to Intranet only available to State Employees within MAGNet

OFFICE OF THE COMPTROLLER OF THE COMMONWEALTH

William McNamara, Comptroller of the Commonwealth

One Ashburton Place, 9th Floor, Boston MA 02108

comptroller.info@mass.gov

For your protection, please do not email personal information (e.g. Social Security Number, Bank Account Number, Passwords).

For assistance, please call us at

(617) 727-5000

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