Right now, A/P is probably scrambling to get all of those leftover invoices off of their desks before year-end. So now’s a good time to revisit the most efficient way to get it done.
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Tags: A/P, Distributing checks, Invoices, Mailing process, Payee, Requestor, Year-end
If your firm relies on per-diems when it comes to business travel, you’ll want to take a look at FY’10 per-diem rates and make some adjustments.
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Tags: A/P, Business travel, CONUS, IRS, Non-standard locations, Per-diem rates
Whatever level of automation your Accounts Payable department is at, there are still basic invoice-processing principles most staffers need to follow.
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Tags: A/P, Accounts Payable, Automation, Duplicates, Invoice processing, PO, vendors
The master file vendor is the most critical material AP has at its disposal. So it’s worth asking if your master vendor file has all the info it needs.
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Tags: A/P, Contract, discounts, Invoices, Master vendor file, Sales tax items, TIN
Tell your A/P staff to be ready. Starting this November, the Service is planning the first of the 6,000 random employment tax audits that it will perform over the next three years.
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Tags: A/P, Expense Reimbursement Plans, IRS, Kiplinger Tax Letter, Surprise audits, The Service
The growing popularity of Automated Clearing House (ACH) payments has created a slew of opportunities for fraudsters — and many are taking full advantage.
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Tags: A/P, ACH debit blocks, ACH fraud, Association for Financial Professionals, Automated Clearing House, Sitting Ducks
Worried your firm may have overpaid on its state sales and use tax obligations? Having A/P run a reverse audit may alleviate your fears — but is it worth the time and effort?
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Tags: A/P, Overpayments, Reverse audits, Sales and use tax, Tax practitioner
Sad but true: These days, many companies are cutting headcount, some of which may be your contacts at your customers’ or suppliers’.
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Tags: A/P, A/R, Billing cycle, Cash flow, Cutting headcount, Year-end crunch
If you feel like you’re squeezing blood from a stone to eek out any new efficiencies, try this.
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Tags: A/P, A/R, Efficiencies, Flowchart, Streamlining ideas
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The annual budgeting process involves a huge investment of time, much of which is spent coordinating with line of business managers, who typically see little benefit, because the results are usually an outdated budget that has little impact on the company’s business. In this white paper, you can learn how new technologies-such as IBM Cognos 8 Planning-can automate the process and break the budgeting logjam once and for all.
Sometimes an old dog has the right tricks. Sustaining ethical behavior is not a new idea. Solid guidelines were established long before Enron and WorldCom. So, where do companies go wrong? Find out how your organization measures against 10 factors that affect tone at the top.
