APNow

Simple Payment Strategy [that Will CHANGE Everything]

You won’t believe how easy this approach is. Paper checks are a royal pain; not only do the manual processes surrounding them take up a lot of your staff’s valuable time, they are expensive. But still, some of your suppliers still refuse to take any other type of payment. What can you do? We’ve got a simple strategy that costs nothing, and in fact, will make your accounts payable function more efficient, and will finally convince many of those check-loving suppliers to finally get over their love affair with checks for their payments. Make sure you stick around until the end when we share one surprisingly simple way you can expand this strategy so that it will add to your bottom line.

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

Link to 5 Ways to Earn More Early Payment Discounts: Improve the Bottom Line
https://youtu.be/8dxvSdlOZ6g

Link to the Avoiding Duplicate Payment playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2

Link to Vendor Credits: Why They May Be Disappearing and How to Stop It
https://youtu.be/Kog6wm8lr_k

Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com Host:

Host: Mary Schaeffer (www.ap-now.com

The Truth About Tax-Free States

Do you think you know all the states with no sales tax? I’ll bet you’ve got it wrong. I’m not saying that to be nasty, but many of these so called “no sales tax” states have found clever ways to collect what amounts to sales tax revenue and they can sneak up on you without warning. In this piece, we’ll take a look at the 5 states that advertise as having so sales tax and show you how they still manage to get their mangy hands on your (and your company’s) hard earned money. Make sure you stick around until the when we break the myth about one way folks think they can save on sales tax that absolutely does NOT work. (sorry)

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

Link to 8 Accounting Misconceptions about Accounts Payable https://youtu.be/1Cp_vfrkSSw
Link to Accounting Misconceptions about Accounts Payable

https://youtu.be/1Cp_vfrkSSw

Link to Invoices without PO Numbers: They Can Be Eliminated

https://youtu.be/zpNocghaDhQ

Link to Eliminating Duplicate Invoices Best Practices

https://youtu.be/P6n-3gDqAs0

Link to Accounts Payable Best Practice Playlist

https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh

Link to Changing Invoice Best Practice Playlist

https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Link to Accounts Payable Internal Controls Playlist

https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com Host:

Host: Mary Schaeffer (www.ap-now.com)

#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices

General Ledger Chart of Accounts [accounts payable]

The Chart of Accounts may not sound like the most exciting topic, but if you're serious about taking your business to the next level, it's a topic you can't afford to ignore. Understanding the Chart of Accounts is a critical step in making sense of your financial statements and gaining control over your finances. In this talk, we'll start with a definition of what the Chart of Accounts is, how it works, and why it's essential for managing your business's finances. We'll also cover common abbreviations and clear up any misconceptions you might have about this important accounting tool. Finally, we'll provide some best practices for setting up and using a Chart of Accounts effectively, so you can take control of your finances and make informed decisions for your business. Stick around until the end when we discuss one common misconception about chart of accounts. #chartofaccounts #accounting #accountspayable

 

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

 

Link to Accounting Misconceptions about Accounts Payable
https://youtu.be/1Cp_vfrkSSw

Link to Invoices without PO Numbers: They Can Be Eliminated

https://youtu.be/zpNocghaDhQ

Link to Eliminating Duplicate Invoices Best Practices

https://youtu.be/P6n-3gDqAs0

Link to Accounts Payable Best Practice Playlist

https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh

Link to Changing Invoice Best Practice Playlist

https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

 

Link to Accounts Payable Internal Controls Playlist

https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com Host:

Host: Mary Schaeffer (www.ap-now.com)

#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices

Invoice Processing Tips Accounting

What if I told you that there's a secret to revolutionizing your invoice processing and dramatically improving your efficiency? – and no this is not a pitch for invoice automation. What I’m about to share simple strategies any organization can implement without spending a small fortune. In fact, most of the recommendations don’t involve any expense. Make sure to stick around until the end when we share one cost-free strategy that is a real game changer. #invoice #invoice processing #accountspayable

Are you tired of the time-consuming and error-prone task of invoice processing? As a concerned professional, you know how critical it is to get this right, but it doesn't have to be a source of frustration. In this video, we share essential tips and tricks for invoice processing that will help you streamline your workflow, save time, and increase accuracy.. Whether you're a seasoned accounting professional or just starting out, these tips will help you stay ahead of the curve and make invoice processing a breeze. Watch now and transform the way you handle your invoice processing!

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

Link to Invoices without PO Numbers: They Can Be Eliminated
https://youtu.be/zpNocghaDhQ

Link to Eliminating Duplicate Invoices Best Practices
https://youtu.be/P6n-3gDqAs0

Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh

Insights on Zelle and Fraud Protection from Lynn Larson
https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ

Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com Host:

Host: Mary Schaeffer (www.ap-now.com)

#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices

What Is a Purchase Order and How Does It Work?

Did you know that one simple, silly mistake on a purchase order can cost your organization hundreds of thousands of dollars – if NOT more? Not something that will make most bosses happy. To make sure that doesn’t happen to you, we’ve created this video which explains what purchase orders are and the different kinds of purchase orders. Additionally, we define the four different types of purchase orders. Do you know what they are? Make sure you stick around until the end when we share the one mistake that many make with Purchase Orders when they get to AP – and it’s really easy to avoid, if you know what you’re doing. #accountspayable #purchaseorder #accounting

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

Link to Eliminating Duplicate Invoices Best Practices
https://youtu.be/P6n-3gDqAs0

Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh

Insights on Zelle and Fraud Protection from Lynn Larson
https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ

Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com Host:

Host: Mary Schaeffer (www.ap-now.com)

#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices

 

Mastering the Art of Accounts Payable: 5 Proven Strategies

In today's business world, managing accounts payable (AP) efficiently is crucial for success – both financially and operationally. But with a multitude of invoices, vendors, and payment methods and more, it can be challenging to keep track of everything.

That's where our video comes in! We'll provide you with expert advice and best practices for mastering the art of accounts payable.

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

Link to What You Need to Know to Work in Accounts Payable: Who Knew It Was So Complicated
https://youtu.be/UGFaUkiNPP0

Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh

Link to How Invoice Processing Works in Accounts Payable (4 minutes)
https://youtu.be/a95u7vgANbg

Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com Host:

Host: Mary Schaeffer (www.ap-now.com)

#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #bestpracticesforaccountspayablemanagement

Link to What You Need to Know to Work in Accounts Payable: Who Knew It Was So Complicated
https://youtu.be/UGFaUkiNPP0

 

Zelle 2023: How NOT to Get Scammed

Are you aware of the newest ways crooks have found to exploit folks using Zelle? It boggles the mind. The innovative way criminals continue to exploit all sorts of payment mechanisms continues to astound me. Once again, I’m joined by Lynn Larson of Recharged Education, our go-to source for the latest Zelle scams. She’s here with an update. Make sure you stick around until the end, when she shares tips on how you can protect yourself against this latest atrocity. So, without further ado, let’s dive right in.

 

As Zelle accounts become more popular, crooks looking to get their hands on your money are getting more innovative and creative. In this episode we discuss yet another innovation criminals are using to defraud ordinary citizens of their hard-earned money. They are doing this using Zelle.

 

Zelle payments or payments made using the Zelle app are sometimes referred to as Instant Payments or Real Time payments. Although many sign up for Zelle through their bank, the bank does not have ultimate responsibility for these accounts. This has led to a lot of heartache and complaints when there was a fraud or scam perpetrated using a Zelle account.

 

Don’t let the Zelle dream turn into a Zelle nightmare, because you fell for one of the many Zelle scams. In this episode we review a number of ways crooks are scamming ordinary citizens who just happen to be Zelle users. This handy payment app makes it easy to transfer money from person to person simply by using an app on your phone. But without the proper care and controls, the app can become a nightmare. We take a look at some safety precautions every Zelle user should take to ensure they don’t get Zelle scammed. Stick around until the end when we share an often-overlooked Zelle safety precaution.

 

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used.

Listen to Lynn Larson’s longer explanation of Zelle Frauds
https://youtu.be/L02mUitjsKc

Listen to all our Zelle talks
https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ

Listen to all our Fraud Protection talks
https://youtube.com/playlist?list=PLtL6rWSXZ-HdDoB6BEeJK01jA0KOxq23F

Guest: Lynn Larson (recharged-education.com)

Host: Mary Schaeffer (www.ap-now.com)

Foreign Corrupt Practices Act Explained [Bribery]

Founder of the now bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried now faces an additional criminal charge on an issue that should be of great interest to accounts payable, payment and accounting professionals everywhere. He has been accused of violating the Foreign Corrupt Practices Act, or the FCPA. In this episode we answer a few questions about the Act and how it applies to EVERY single organization. FCPA compliance is mandatory. Make sure and stick around until the end when we share a few places where AP might find potential violations that might elude others in the company. #FCPA #ForeignCorruptPracticesAct #accountspayable

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

Link to Questionable Employee Expense Reporting Habits that Could Cost Your Company Dearly
https://youtu.be/zfimnwx64IE

Link to the Avoiding Duplicate Payment playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2

Link to Vendor Credits: Why They May Be Disappearing and How to Stop It
https://youtu.be/Kog6wm8lr_k

Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com Host:

Host: Mary Schaeffer (www.ap-now.com)

Accounts Payable Best Practice: 13 Free Resources

Do you know just how much best practice information is available for free? Of course, as you sift through it you need to be able separate the wheat from the chaff, because some of it is definitely biased. I wanted to end AP Best Practice month by sharing with you some of the places you too can find free information that you need to stay current and relevant. Make sure to stick around until the end when I share the one resource most never consider. 

This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh

Insights on Zelle and Fraud Protection from Lynn Larson
https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ

Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com Host:

Host: Mary Schaeffer (www.ap-now.com)

#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices

Accounts Payable Best Practices: No More Paper

This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.

The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.

Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh

Link to How Invoice Processing Works in Accounts Payable (4 minutes)
https://youtu.be/a95u7vgANbg

Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com Host:

Host: Mary Schaeffer (www.ap-now.com)
#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #bestpracticesforaccountspayablemanagement