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Accounts Payable Lessons Learned from Julia Child [Accounting too!]

Accounts payable Lessons Learned from Julia Child [Accounting too] focuses on career lessons for anyone in the business world, especially those dealing with the Imposter Syndrome. If you only know Julia Child from Saturday night live, you’ve missed a lot. #accountspayable #accounting #JuliaChild

Accounts Payable Career Lessons Learned from Julia Child has valuable insights for Accounting professionals too, it’s not just applicable for accounts payable. Lessons learned from Julia Child include you are never too old for workforce and don’t deal with the Imposter Syndrome – you belong. The Accounts Payable Career Lessons professionals can learn from Julia Child are many.

Accounts payable lessons learned relies on the example of Julia Child and the imposter syndrome for management insights for accounts payable. It is good to remember the accounts payable customer service attitude when considering your career. The Imposter syndrome female is a real issue, with many women falling victim to it. They forget to sometimes compromise at work as that is one way how to start building confidence. The example of Julia Child includes many career building insights.

This is episode 138 of the AP Now podcast.

Link to Lessons Learned from Jeff Bezos: https://youtu.be/tKNkkZZQqZU

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

Accounts payable Lessons Learned from Julia Child [Accounting too] is about the career
lessons we all need to learn. It is for anyone in the business world, especially those dealing
with the Imposter Syndrome, which unfortunately many women are, as well as quite a few
men.

Wordle: Best Starting Word

Wordle is sweeping the Internet.  Wordle: Best Starting Word will give you a leg up when selecting the best starting word for wordle. If you want to know how to play the wordle word game, you need to be able to select the best starting word.

Wordle game instructions start with a blank screen, so it helps to have strategically pick that first word rather than randomly selecting any five letter word. Wordle and accounts payable often go together. The wordle starting word is critical when it comes to success in playing the game.

Wordle rules limit you to six chances to guess the five-letter word. It may seem impossible but many are doing it in even fewer guesses. What is wordle? The newest and probably most popular of all internet word games, wordle game is attracting all sorts of professionals.

Wordle tips begin with selecting the right first word. This presentation includes where to find wordle. How to play wordle begins with selecting the wordle starting word. It should be part of everyone’s wordle strategy. Wordle is occasionally misspelled as wordel. The wordle game online is free, that’s right wordle is free. So, to everyone who asks is wordle free, the answer is yes. Likewise the answer to how much does wordle cost, is nothing! There is a new wordle game every day, but only one.

Wordle wordle is a word puzzle, an online relatively easy word puzzle, if you follow some basic strategies you will win wordle. How to win wordle is simply a matter of combining a little knowledge with some operational savvy.

Link to How to Play Wordle: https://youtu.be/U3Qi4UBaKKw  

Link to Episode 130 on Digital Currencies: https://youtu.be/I45FEn0vnI8

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

Accounts Payable Policy and Procedures Manual FAST!

Putting together an accounts payable policy and procedures manual fast is desirable. Who creates the #accountspayable manual depends because creating a manual for accounts payable is critical for all #accounting groups. #proceduresmanual

Creating an accurate and up-to-date policy and procedures manual fast is a trick all savvy professionals should know, whether they work in accounts payable, accounting, audit, treasury or elsewhere in the company. Because they are so important everyone should know how to make policy and procedures manual.

In case you are not already cognizant, we’ve got a separate sound bite, link below on Why you need an accounts payable policy and procedures manual.

Most professionals are aware that they should update accounts payable policy and procedures manual on a very regular basis or they won’t have a current policy and procedures manual. The accounts payable manual is the bible for how the accounts payable function, but only if it is updated on a very regular basis.

This is accounts payable sound bite #65

Link to Why Policy and Procedures Manual Matters (#14) https://youtu.be/_Oe5rU3WFgE

Link to Why Best Practices Matter (#15) https://youtu.be/SJSme3ZcvKs

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

All professionals should know how to put together an accounts payable policy and procedures manual fast. Who creates the accounts payable manual will vary from organization to organization. The important issue is not necessarily who should do it but rather that it gets done.

9 Reasons Why Your Automation Project Fails: Vendor Issues

9 reasons why your automation project fails provides insights, as well as a solution to the problems plaguing the #accountspayable #invoice #automation process. Vendor automation issues are often at the crux of the issue. Every organization should address accounts payable vendor issues if they wish to avoid invoice automation surprises.

Invoice automation is a hot topic in the accounts payable and accounting space. It is critical that all organizations avoid invoice automation pitfalls, which as discussed in this piece are many. Accounts payable best practices demand the best processes for handing invoices. Automation anywhere invoice processing came in handy when COVID hit. Vendor invoice automation helped greatly. The accounts payable automation process should avoid the pitfalls discussed in this piece. Too often, these issues are overlooked as they are on the other side of the ledger, so to speak.

The accounts payable invoice automation process is fast becoming a critical component of all accounting functions. Often that is augmented by invoice automation software, or accounts payable automation applications.

This is episode 137 of the AP Now podcast.

Understanding the reasons why your automation project fails is critical to a best practice accounts payable function. This piece provides insights, as well as a solution to the problems plaguing the accounts payable invoice automation processes. Vendor automation issues are often left unaddressed, thus continuing to create problems. Every company should evaluate their accounts payable vendor issues if they wish to avoid invoice automation nightmares.

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

Learn more about the Global Accounts Payable Virtual Summit at: https://www.ap-now.com/public/Global-Accounts-Payable-Virtual-Summit.cfm

Pop Quiz: Internal Controls [Invoices]

This pop quiz internal controls will help you determine if you have the proper invoice controls, or invoice internal controls. This issue is part of any good accounts payable best practices training. The issue of internal controls in accounting is critical if you wish to avoid duplicate payments, which virtually every company does.

Lack of these controls is why why invoices get paid twice. If you wish to stop paying duplicate invoices it is critical that you adopt invoice best practices. If you wish to avoid fraud then the insights on change of bank account requests will be of great use to you. Accounts payable best practices, especially when it comes to invoice best practices training, sometimes referred to as invoice processing best practices, will include all of these controls.

Training for accounts payable and accounting is key if you wish to avoid weak internal controls in accounts payable. Strong internal controls in accounts payable are critical whether discussing invoice processing or other accounts payable issues.

Watch Changing Invoice Best Practices playlist:

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

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

One way to determine if your controls are up to snuff is to take this pop quiz in internal controls. Strong invoice controls should be a part of all accounts payable best practices. Invoice internal controls should be part of any good accounts payable best practices training. The issue of internal controls in accounting is important as companies everywhere strive to avoid duplicate payments.

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

Expense Reimbursement Stories: Funny

Expense reimbursement stories funny focuses on stories shared by AP Now members, who are accounts payable, accounting and P2P professionals. These humorous expense reimbursement stories are based on incidents that happened in real life to some of AP Now’s members. These #expensereimbursement incidents happened to #accountspayable and #accounting professionals

Clearly, accounts payable best practices are not in play in these incidents. The folks involved might need some accounts payable best practices training, that includes a review of expense reimbursement issues. Expense reporting is sometimes referred to as T&E, which stands for travel and entertainment.

At the end of the video, we refer to accounts payable cartoons, which appeared in the book, 127 Best Practices for Accounts Payable. They demonstrate that there really is humor in accounts payable. While these stories are not meant to demonstrate expense report game playing per se, they do employ questionable employee expense reporting practices.

Employee expense reports are a key area for discord between employees and the staff who is responsible for reviewing them, whether or not there is expense report abuse. Expense reporting systems sometimes prevent this type of expense report games employees play, as well as, expense report abuse.

Link to watch Cartoons in Accounts Payable: https://youtu.be/8Eso_DGUJjs

Link to get more information about or order 127 Best Practices in Accounts Payable https://www.ap-now.com/products/item195.cfm

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

Learn more about the different levels of membership in AP Now at: https://www.ap-now.com/public/Membership-in-the-AP-Now-has-its-advantages.cfm

Learn more about the March 2022 Global Accounts Payable Virtual Summit [We’ve made it affordable for everyone] https://www.ap-now.com/public/Global-Accounts-Payable-Virtual-Summit.cfm

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

How Modest People Can Toot their Own Horn – without Sounding Like a Braggart

How Modest People Can Toot their Own Horn – without Sounding Like a Braggart is not easy. This episode shows that making management aware of your accomplishments is something every professional should do if they are looking for career success and/or a promotion. It is frequently difficult for those in #accountspayable and other #accounting areas to accomplish this.

How Modest People Can Toot their Own Horn shows listeners how to promote yourself without bragging. This is critically important in the career development for women, for many feat that bragging at work will reflect poorly on them. They do not wish to be seen as a braggart. Yet, if they don’t toot their own horn, who will. Frequently, unfortunately, the answer is no one.

If you are working on improving your image at work, these tips can help. Modest people can toot their own horn without coming across as obnoxious or unnecessarily aggressive. How Modest People Can Toot their Own Horn – without Sounding Like a Braggart is a skill every profession should acquire. To a few it comes naturally. To the rest, we have to work at it. This is especially true in professions dominated by women, such as accounts payable.

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

Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com

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

Protect against Gift Card Scams

Protect against Gift Card Scams is an important issue at year end. What accounts payable needs to know to protect against gift card scams is extensive. Scammers are getting better at frauds that utilize gift cards. Crooks are using #giftcardscams and #giftcards as their newest tool in the game of #fraud.

Some might as can I pay my IRS bill with gift cards and the answer is a resounding No. That should be a huge red flag that you are dealing with a crook, if they ask or demand payment via a gift card. Once you give them the gift card both they and your money will disappear.

The session explains what gift cards to crooks prefer for there are certain types of cards they seem to favor. Of course, over time that could change. Scammers using gift cards know how to play with the gift card activation software and use it to their advantage.

Gift Card Scams Explained: What You Need to Know provides the insights every person needs to arm themselves with so they don’t get defrauded. Gift Card Scams Explained attempts to do that. Some of the more popular fraud approaches include the amazon gift card fraud and target gift card fraud.

While most people don’t report this type of fraud, it is exceedingly helpful if you do.
Reporting gift card fraud can be done at: ftc.gov/complaint

This is Accounts Payable Sound Bite #62 produced by AP Now.

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

3 Quick 1099 Questions for Accounts Payable and Accounting

3 quick 1099 questions for accounts payable and accounting focuses on some 1099 areas people are not aware of. The 3 quick 1099 questions for accounts payable addresses some fine points in the regulations.

Link to IRS 1099 Rumors: https://youtu.be/hnZ7XqvrLUM

Holiday Wishes for Your Year End and 2022 from AP Now

Holiday Wishes for Your Year End and 2022 from AP Now AP Now is joining with the AP Association-UK for the first ever Global AP Virtual Summit in March. It is priced to be affordable for all; $35 for the two days.

Information and register: https://www.ap-now.com/public/Global-Accounts-Payable-Virtual-Summit.cfm

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