The most current and up-to-date Accounts Payable operations review
and analysis based on the author's 20-year AP experience with major
US corporations. From basic to complicated and elaborate
procedures, from the traditional legacy systems to the ERP approach
in the accounts payable processes. There are chapters on general AP
functions such as AP policies and procedures, separation of duties,
processing of form W-9 and new payee set up, data entry and
payments processing. A more advanced material includes chapters
about e-invoicing, web-procurement, interactive web response
portals (IWRP), commercial cards management, T&E's processing,
AP metrics, 1099, 1096 and 1042 reporting, ACH processing, Escheat,
nonresident tax compliance and other AP processes. All important
and relevant to the modern Accounts Payable topics are included in
the book, as well as chapters on general accounting, payroll and
advanced excel operations. The books offers critique of some
outdated, but still used, AP approaches and practices and offers
new ideas on how to interpret and handle them. This is the "real
world" practical accounts payable book. It was written by a
practicing accounts payable professional, Costa Levi Perepeliza,
who has been managing the Accounts Payable compliance for a major
US educational institution for the past ten years. This book is a
manual and guide for the Accounts Payable and its place within your
company's financial operations in the 21st century business
environment. A must have reference for all accounts payable
professionals, AP administrators and clerks, as well as CPA's,
auditors, accounting executives and business owners.
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