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Modern business demand that the professionals working for them have good understanding not only of their immediate responsibility but of the basics of all related functions as well. Working, managing or having responsibility for the accounts payable function, the accounts receivable function, purchasing, treasury and a myriad of other related fields requires knowledge of certain basic accounting functions. We’ll take a look at some...

ACH payments are fast and convenient — until they fail. In this video, we break down **the most common ACH return codes** (like R01, R02, R10, and R29), explain **what each code means**, and show you **exactly how to fix the issue** quickly and efficiently. Whether you're in **accounts payable, accounts receivable, treasury, or finance operations**, understanding ACH return codes is critical to keeping your cash flow healthy and av...

You may be sabotaging your own career - without realizing! Let’s examine five common mistakes professionals sometimes make that stall their careers. Sadly, it can take years to recover from these silent killers. And stick around for Career Killer #5—it’s something that’ll either skyrocket your future… or bury it if you ignore it #career #accountingcareer #accountspayablejob

Link to Microsoft Copilot Tutorial https://youtu.be/hDq70R...

One of the many benefits of making ACH payments is that when they fail, you know almost immediately. And while they fail far less frequently than checks get lost, bounce or are stolen, it does happen. And when that occurs, the ACH payment is returned, hence the term, ACH returns. A good understanding of why returns occur will allow you to create a process that minimizes returns and allows you to respond quickly when they do fail. T...

Think your AP process is airtight? You might be leaking money and not even know it. Accounts Payable mistakes are quietly draining organizations—sometimes by millions—without setting off a single alarm. And here's the kicker: most teams have no idea it’s happening. These seemingly 'small' oversights are like slow leaks in a massive tank—silent, invisible, but deadly to your bottom line.

In this session, we’ll unpack the three most ...

Are you ready to elevate your accounting game and streamline your financial operations? In this video, we dive deep into the core principles of Accounts Payable (AP)—the backbone of every successful accounting and finance department. Whether you're a seasoned professional or just starting out, understanding AP fundamentals like invoice processing, three-way matching, payment terms, and internal controls is critical to avoiding cost...

Unclear accounting and accounts payable policies and procedures can lead to costly errors, compliance risks, and team confusion. This session dives into the essential role of a well-crafted policy and procedures manual in accounting and accounts payable departments. Learn how to streamline workflows, prevent fraud, ensure audit readiness, and foster accountability—without drowning in bureaucracy. Whether you're starting from scratc...

What do you say in a job interview when you’re hit with a question you completely blank on? Freeze, fake it, or finesse it? Today, I’ll show you how to handle this situation like a pro — without tanking your chances. What can you do? We’ve got a few suggestions that will help you maneuver out of these tight spots. By the end of this video, you’ll have 5 proven ways to respond — and 1 risky move you should never try. #interview #job...

Here’s the simple, yet shocking truth that no one talks about: Over one-third of all invoices are not accurate … and you know which way those errors are going … not in your favor. Compounding the problem are invoices that get paid twice – and no, the supplier doesn’t automatically return the second payment – fraudulent invoices and payments made from statements and of vendor credits. Let’s take a look at where and how these problem...

I’m sure most high-level executives would not agree (at least in public) with what I am about to say about Financial Statements, but that isn’t going to stop me. Here it is. When a public company has unpleasant information that it is obliged to divulge to its shareholders and would prefer not to be questioned about, they will often bury it in the notes to the Financial Statement, if at all possible – which means, if their auditors ...

Purchase orders are those very common documents that impacts many different departments within an accounting organization – from the purchasing professionals who create them, to the sales department who receives them and sees to the fulfillment of the order, to the billing department who creates the invoice associated with that purchase order and finally to the accounts payable team who uses that purchase order as part of their inv...

Blinded by the administrative ease and the back-office cost savings, many accounting and accounts payable professionals embrace recurring payments without setting up the appropriate controls to prevent some very common mistakes … and these errors can be quite costly indeed. We’re going to address some of the problems recurring payments introduce into the payment process and then the best practices you can use to make sure these iss...

Sales tax holidays are one more way to save a few dollars, both for yourself personally as well as your business. They are not offered in every state, in fact some of the larger states, like New York and California, don’t seem to have them, although Texas and Massachusetts do. We’re going to do a very brief run-down of the holidays we know about and then tell you what to do if you think you might be able to take advantage. Unsurpri...

9 Unique and Powerful Interview Tips - ace your job interview by utilizing these simple strategies

Link to End of Job Interview Questions And Answers [Winner Secrets] https://youtu.be/v6jekPb7nZc

#jobinterview #interviewtips #accountspayableinterview

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Is that invoice ready for payment? In accounts payable, best practice accounting organizations like to say, A good invoice gets a good payment. What makes an invoice good? It’s a lot more complicated than it might seem. Best practice accounts payable teams look at 8 different factors. Let’s look at them together. #accountspayable #threewaymatch #invoice #accounting

Link to The Three-Way Match: Comprehensive Guide https://youtu.be/...

Costly overlooked issues that no one talks about could derail your accounts payable or accounting automation project. But once you know what they are, you can work around them AND recognize them when they arise.

Link to The Managing Interruptions Survival Guide https://youtu.be/lAaVtX1Y1vU

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Are the trial balance and the balance sheet the same thing? Of course not. But, confusion between the two is more common than you might imagine. Let’s take a look at both of them so you understand what they are, how each is used and how they are different. They are both used in accounting, accounts payable and finance. But that is about where the similarity ends. Make sure you stick around until the end when we discuss the one crit...

ookkeeping and accounts payable are closely connected, with many bookkeepers performing the accounts payable function. This guide is designed to ensure those doing that do so in a efficient and effective manner, while protecting against fraud and collecting all data necessary for complete regulatory compliance. This is harder than it sounds. #bookkeeping #bookkeepingtraining #accountspayable

Link to Accounts Payable Accounting A Gu...

When it comes to cash management, sometimes accounting and finance professionals miss the big picture … and they miss it big time. They can’t see the proverbial forest for their focus on the single cash tree. Today we’re going to take a look at both sides of the equation – payables and receivables – where cash management can make a difference – and NOT always the way you’d expect, despite the best intentions of the practitioners.

D...