127 Best Practices for Accounts Payable

Download or read book 127 Best Practices for Accounts Payable written by Ap Now and published by . This book was released on 2020-08-20 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the business world evolves, technology improves and unfortunately, new frauds pop up, best practices must change. That's why this book was created. 127 Best Practices for Accounts Payable includes the latest best practices every organization, large or small, should use to run an effective, cost-efficient, regulatory-compliant accounts payable function. It contains: Explanation of each issue and where applicable an Almost Best Practice is offered, along with some Worst Practices. 127 best practices needed for operational excellence. These best practices reflect the challenges revealed during the COVID crisis, the procedures required for remote working in accounts payable and of course, the latest fraud protection advice. Special insights and tips for the accounts payable staff dealing with the matter. 25 sketches, reflecting on both the humorous and ludicrous facets of some accounts payable departments. It is the update of 101 Best Practices for Accounts Payable. Table of Contents List of Sketches Acknowledgements Introduction Chapter 1: Managing the AP Function Chapter 2: Master Vendor File Chapter 3: Invoice Processing Chapter 4: Invoice Problems Chapter 5: Checks Chapter 6: ACH (Electronic Payments) Chapter 7: P-cards Chapter 8: Payment Strategy Chapter 9: Policy and Procedures Manual Chapter 10: Operational Aspects Chapter 11: Duplicate Payment Issues Chapter 12: Internal Controls Chapter 13: Fraud Prevention: General Chapter 14: Fraud Prevention: Checks Chapter 15: Travel and Entertainment Policy Chapter 16: Expense Reporting Issues Chapter 17: Regulatory Issues: Information Reporting Chapter 18: Regulatory Issues: Unclaimed Property Chapter 19: Regulatory Issues: Other Chapter 20: Technology Chapter 21: Communications/Vendor Relations Chapter 22: Cash Management Closing Thoughts Glossary Resources About the Author About AP Now Index