Discussions about trends, insights and emerging issues impacting the accounts payable and payment functions
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
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...
Not understanding the nuances of the three critical accounts payable documents has caused more than a few accounting professionals countless hours of anguish. For one tiny misstep with regards to these documents can translate into duplicate payments, paying for something the supplier is supposed to pay for, paying too high a price or even worse, fraud. This means countless hours spent trying to get money back, fix mistakes or even ...
Time and again, organizations skip critical vendor setup checks when setting up new vendors in the master vendor file, setting themselves up for financial losses, operational nightmares, and worst of all—an irate boss or board of directors demanding answers. Make sure you stick around until the end when we discuss the one task that many take a lackadaisical approach to, an approach that makes them inefficient and eats stealthily in...
Think LinkedIn is just for job hunters? Think again. Even if you love your job and plan to stay put, skipping LinkedIn today is a huge mistake for accounting, accounts payable, finance, and treasury professionals. . It’s not just about checking for job openings, it’s the platform every professional interested in their long-term career needs to be on. Let me show you why and how you can take your career to the next level – and meet ...
You can make your Accounts Payable team in Accounting dramatically more efficient without spending a dime on new technology. Let me show you 8 simple tactics to enhance your accounting operations. Stick with me—because by the end of this video, I’ll show you a tactic few even think to use – and it will leave you slapping your head saying, “why didn’t I think of this?” #accountspayable #accounting #mrbeast #invoices
Recently, AP Now (and I celebrated) our twenty-year anniversary. That’s 20 years of covering accounts payable, accounting, payment and job interview issues. Kind of a State of the Union, Here’s a look at the State of Accounts Payable today or 20 Lessons Learned.
Link to Using AI in Accounting and AP playlist https://whttps://www.youtube.com/playlist?list=PLtL6rWSXZ-HfYZ5xRXEfVfALdHSDViv_d
#accountspayable #stateofaccountspayable #...
You can make your AP team dramatically more efficient without spending a dime on new tech. Let me show you how the 1% approach can help you quietly crush inefficiencies that drain your bottom line every day. These improvements tend to be smaller and hence don’t get the recognition they deserve.
Link to ACH Payments: A Guide to Almost Everything https://youtu.be/0ihlDHHTQic
#accountspayable #accounting #mrbeast
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In accounting, accounts payable and accounts receivable play key - but very different roles. I recently saw a short piece on the Internet which said, Accounts payable, which is also known as accounts receivable … “No it’s not” I screamed.
A good understanding of each, along with their differences, is critical for anyone who works in accounting, finance and of course, accounts payable or accounts receivable.
Learn how to create accurate accounting journal entries and accounts payable journal entries to avoid costly financial mistakes. Master your AP process and improve your accounting accuracy today! Are your accounting journal entries setting you up for future headaches?
In this quick guide, we break down how to create accurate accounts payable journal entries, avoid common accounting mistakes, and keep your financial reporting clean ...
Think your organization is safe from costly AP mistakes? Think again. In this eye-opening video, we reveal 8 deeply embedded misconceptions about accounts payable that silently drain millions from top companies—including a final myth that could be stealing massive dollars right off your bottom line. Learn the worst practices, hidden costs, and, most importantly, how to fix them. From political impacts to automation myths to fraud r...
We’re walking through a fictional—but, sadly all-too-realistic—day in the accounts payable section of the accounting department. A day where chaos reigned but by sticking to best practice some semblance of order was maintained. Let’s break it down incident by incident—so you can effectively manage similar scenarios #accountspayable #adayinaccountspayable #accounting #accountspayablebestpractices
Travel in the US is about to change forever – no, not because of politics – but due to the enactment of a law set to go into effect May 7, 2025 – a law that we’ve been talking and trying to get implemented for about 20 years. This impacts both business and personal travel. It will affect every American (and green card holder) who plans to take a plane departing from a US location. We’ll take a look at what the new rules are and how...
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