{"id":3793,"date":"2025-08-25T19:35:54","date_gmt":"2025-08-25T19:35:54","guid":{"rendered":"https:\/\/www.macalester.edu\/160-business-services\/?page_id=3793"},"modified":"2025-08-25T19:35:54","modified_gmt":"2025-08-25T19:35:54","slug":"financefoundations","status":"publish","type":"page","link":"https:\/\/www.macalester.edu\/business-services\/financefoundations\/","title":{"rendered":"Finance Foundations at Macalester"},"content":{"rendered":"<p><strong>These finance foundation lessons below will provide a guide how to make payments, receive reimbursements, categorize expenditures and how to navigate other business service processes.&nbsp; &nbsp;<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.macalester.edu\/business-services\/financefoundations\/#lesson1\">Lesson 1: Finance Basics<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.macalester.edu\/business-services\/financefoundations\/#lesson2\">Lesson 2:&nbsp;Accounting Basics at Macalester<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.macalester.edu\/business-services\/financefoundations\/#lesson3\">Lesson 3: How to make a payment to a supplier, vendor or contractor on behalf of Macalester&nbsp;<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.macalester.edu\/business-services\/financefoundations\/#lesson4\">Lesson 4:&nbsp; How to move money, submit a deposit, request cash, request a reimbursement and report taxable prizes.<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.macalester.edu\/business-services\/financefoundations\/#lesson5\">Lesson 5:&nbsp; Macalester Purchasing Card (Pcard)<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.macalester.edu\/business-services\/financefoundations\/#lesson6\">Lesson 6: Finance Reports via Argos<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.macalester.edu\/business-services\/financefoundations\/#lesson7\">Lesson 7: Accepting Payments<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"Lesson1\"><\/a><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/financefoundationslesson1\/\">Click here for Lesson 1: Finance Basics<\/a><\/h2>\n\n\n\n<p><strong>In this lesson you will learn:&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>What is a FOAPAL?<\/li>\n\n\n\n<li>Tracking Expenditures and Revenue<\/li>\n\n\n\n<li>Finance Approvals<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"lesson2\"><\/a><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/financefoundationslesson2\/\">Click here for Lesson 2:&nbsp; Accounting Basics at Macalester<\/a><\/h2>\n\n\n\n<p><strong>In this lesson you will learn:&nbsp;<\/strong><\/p>\n\n\n\n<p>The basic concepts of the transaction tracking at Macalester including the types of operating budgets and specified funds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"lesson3\"><\/a><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/financefoundationslesson3\/\">Click here for Lesson 3:&nbsp; How to make a payment to a supplier, vendor or contactor on behalf of Macalester<\/a><\/h2>\n\n\n\n<p><strong>In this lesson you will learn:&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Which payment method to use to make a payment on behalf of Macalester to a supplier, vendor or contractor.<\/li>\n\n\n\n<li>What you need to gather to make a payment (purchases, invoice payments, service contracts).<\/li>\n\n\n\n<li>Tax reporting documentation that suppliers, vendors and contractors will need to provide.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"lesson4\"><\/a><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/financefoundationslesson4\/\">Click here for Lesson 4:&nbsp; How to move money, submit a deposit, request cash, request a reimbursement and report taxable prizes.<\/a><\/h2>\n\n\n\n<p><strong>In this lesson you will learn:&nbsp;<\/strong><\/p>\n\n\n\n<p>What process to follow to move money, submit a deposit, request cash, request a reimbursement and report taxable prizes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"lesson5\"><\/a><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/financefoundationslesson5\/\">Click here for Lesson 5:&nbsp; Macalester Purchasing Card (Pcard)<\/a><\/h2>\n\n\n\n<p><strong>In this lesson you will learn:&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>What you can purchase with a Macalester Pcard<\/li>\n\n\n\n<li>Monthly reconciliation of your Pcard charges<\/li>\n\n\n\n<li>How to check\/increase your Pcard limits<\/li>\n\n\n\n<li>Pcard Fraud overview<\/li>\n\n\n\n<li>Pcard Troubleshooting<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"lesson6\"><\/a><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/financefoundationslesson6\/\">Click here for Lesson 6: Finance Reports via Argos<\/a><\/h2>\n\n\n\n<p><strong>In this lesson you will learn:&nbsp;<\/strong><\/p>\n\n\n\n<p>How to view finance information using Finance Reports via Argos.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a id=\"lesson7\"><\/a><a class=\"more\" href=\"https:\/\/www.macalester.edu\/business-services\/financefoundationslesson7\/\">Click here for Lesson 7: Accepting Payments<\/a><\/h2>\n\n\n\n<p><strong>In this lesson you will learn:&nbsp;<\/strong><\/p>\n\n\n\n<p>What tools are available to accept credit card payments at Macalester.<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>These finance foundation lessons below will provide a guide how to make payments, receive reimbursements, categorize expenditures and how to navigate other business service processes.&nbsp; &nbsp; Lesson 1: Finance Basics Lesson 2:&nbsp;Accounting Basics at Macalester Lesson 3: How to make a payment to a supplier, vendor or contractor on behalf of Macalester&nbsp; Lesson 4:&nbsp; How [&hellip;]<\/p>","protected":false},"author":44,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-3793","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/pages\/3793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/comments?post=3793"}],"version-history":[{"count":16,"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/pages\/3793\/revisions"}],"predecessor-version":[{"id":10975,"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/pages\/3793\/revisions\/10975"}],"wp:attachment":[{"href":"https:\/\/www.macalester.edu\/business-services\/wp-json\/wp\/v2\/media?parent=3793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}