APNow

Worst Practices when issuing 1099s are rampant. Many don’t realize that by using these worst 1099 practices they are inviting IRS ire. Want to know the secret to avoiding IRS ire? It’s simple. Don’t use Worst Form 1099 practices as they will be quickly identified if an organization becomes subject to an IRS Information Reporting audit. Keep in mind, the IRS has just received a massive infusion of funds, much of which will be spent on “enforcements,” which include Information Reporting audits. The IRS really does not want the fines and penalties it can collect from companies like yours who make mistakes issuing 1099s. They want you to do it RIGHT so they can collect more in the taxes owed on unreported income. Let’s take a look at some of the practices, unfortunately in use at many organizations, that everyone should avoid. #1099 #form1099 #1099BestPractices

Worst Practices when issuing Forms 1099 are widespread. Many don’t realize that by using these worst Form 1099 practices they are tempting catastrophe. Worst Form 1099 practices will be quickly recognized if a company undergoes an IRS Information Reporting audit.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to Perfect 1099 Tipshttps://youtu.be/KcqYrRVBqgs

Link to 1099 + W9 Insightshttps://youtube.com/playlist?list=PLtL6rWSXZ-Hcr8gIFixpz3Ex5hfK79DrY

Link to AP Now’s Invoice Serieshttps://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: Mary Schaeffer (www.ap-now.com

Wordle best practices are those strategies you use to ensure you win the daily wordle hand and win it in as few rounds as possible. Use World best practices and over time, you will get better at this really-fun daily puzzle. #Wordle #wordlepuzzle #Wordlegame

Wordle best practices are used by wordle players to win in as few rounds as possible. These wordle tips can help anyone playing the wordle game to make as few errors as possible. Best wordle guesses depend on many things which is why it is important to have a wordle game strategy if you want to know how to win at wordle in as few rounds as possible. A strong wordle strategy will help you play wordle like a pro. The best wordle word helps in the wordle app.

Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot. Letters that have not been used yet remain grey. Wordle best practices are used by wordle winners everywhere.  

Follow me on Twitter: @MarySSchaeffer for sparkling commentary to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.

Link to Best Starting Word Revisitedhttps://youtu.be/4FY28GWPddI

Link to the Wordle Play List of All Wordle Videoshttps://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys

Link to The Book: Wordle: The Rules, Strategy and Expert Tipshttps://www.ap-now.com/snip/111.htm

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

Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com

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

Best practices for the three-way match process in accounts payable or accounting can mean the difference between paying exactly what you owe and paying a lot more on your invoices. The three-way match is a process that businesses use to ensure that the goods or services they receive match what they ordered, as well as what they are being billed for payment. This process helps to prevent errors and fraud and is an important part of a business's financial management. Sadly, some of these steps are sometimes overlooked costing businesses hundreds or thousands of dollars – or more. Stick around until the end when we discuss one many companies never even consider. #accountspayable #threewaymatch #accounting

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Three-way match best practices for the invoice handling process in accounts payable or accounting can mean the difference between paying what’s owed or more than what’s owed.

Link to Three Way Match Internal Controlshttps://youtu.be/mCJTAPAsFQc

Link to AP Now’s Invoice Serieshttps://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: Mary Schaeffer (www.ap-now.com

Positive pay is accurately touted as the best protection against check fraud. Positive pay is a fraud prevention service offered by banks. In addition to plain positive pay, there are variants including payee name positive pay and reverse positive pay – all of which areexplained in this short piece. #positivepay #fraud #accountspayable

Depending on what your situation is, positive pay, payee name positive pay or reverse positive pay will help you protect against the criminals who persist in trying to defraud your organization by either manipulating a check you wrote or creating a completely phony one. Check fraud continues to be a huge issue and the best way to protect against it is to use positive pay. Positive pay is a product created by banks to combat horrific amounts of checkfraud thirty or more years ago. It works.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to Check Signing: Worst Practiceshttps://youtu.be/YYB-ZvQZ1Fo

Link to AP Now’s Invoice Serieshttps://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: Mary Schaeffer (www.ap-now.com)

Wordle has inspired many other Wordle like games that mix Wordle skills with specialized knowledge – usually about some fun topics. We took a look at a few of them that I thought you might enjoy. You might learn a thing or two about yourself playing them, I know I did. Stick around until the end when I share a few tips you’ll need to play them, for there are a few Wordle nuances. #wordle #Wordlestrategy #otherwordlegames

Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.

Whether you view wordle games inspired by wordle as ripoffs or spinoffs, they rely on wordle building upon the foundation of wordle.

Link to Wordle Desperation Tactichttps://youtu.be/W09imPKrO08

Follow me on Twitter: @MarySSchaeffer for sparkling comentary to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.

Link to The Book: Wordle: The Rules, Strategy and Expert Tipshttps://www.ap-now.com/snip/111.htm

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

Link to the Wordle Play List of All Wordle Videoshttps://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys

Link to Best Starting Word Revisitedhttps://youtu.be/4FY28GWPddI

Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com

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

Professionals who work in, manage, or have responsibility for the AP or payment function, have to handle many different tasks. The many roles of an Accounts Payable professional as told with cartoons takes a playful, but serious, look at the many hats these professionals have to wear if they want to do an even adequate, never mind outstanding job for their organizations. Continued learning is also part of that equation. We’re going to take a quick look at some of these roles using some cartoons. #accountspayable #accountspayableprocess #accountspayablerole

Those who work in, manage, or have responsibility for the Accounts Payable or payment function, have to handle many different roles. Accounts payable is responsible for invoices, payments, 1099, ACH, vendor file, expense reporting and more.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to What You Need to Know to Work in APhttps://youtu.be/UGFaUkiNPP0

Link to A Day in the Life of APhttps://youtu.be/K79TlPGjoFk

Link to AP Now’s Invoice Serieshttps://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: Mary Schaeffer (www.ap-now.com)

The Payment process, treasury processes and accounts payable processes are all changing rapidly. The digital transformation in accounts payable, as well as the digital transformation in accounting and the digital transformation in treasury means a huge change in the B2B payment process. That’s why the insights from the Strategic Treasurers most recent B2B Payment survey are so critical. They provide a roadmap for best practice companies looking to improve their accounts payable processes and make an accounts payable digital transformation. Make sure to stick around until the end when we share the one truly surprising metric that reveals many are focusing their accounts payable automation efforts on the wrong area.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Payment processes, treasury processes and accounts payable processes are all changing at the speed of light. It is critical that accounting, treasury and accounts payable professionals keep up with all the changes.

Link to Payments and Emerging Payment Issues playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HdD-bwCXumxMB64lRKVwm2h

Link to Accounts Payable: A Day in the Life ofhttps://youtu.be/K79TlPGjoFk

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

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

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

Guest: Craig Jeffrey (https://strategictreasurer.com/surveys/)

Wordle Trivia Pop Quiz! Do you know all the ins and outs of Wordle trivia? Do you know all the Wordle trivia, the fun facts regarding Wordle? We’re pretty sure we’ve got a few mysteries that will elude even the most ardent Wordle fan. Grab a piece of paper, an old envelope or whatever and a pen or pencil and join us for a fun but innovative pop quiz. There are 13 quick questions. The answers are all one or two words, so no worries about essay questions. We start with the easy ones, the ones everyone will get right. But that’s just the beginning. Stick around until the end when we have two diabolical questions for you.

Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.

Wordle trivia is lots of fun. You’ll be surprised to learn who plays Wordle and some of the other fun facts about Wordle.

The Wordle Strategy Pop Quizhttps://youtu.be/KceJsOA5iP8

Bill Gates Plays Wordlehttps://youtu.be/zwgBhRhdNpw

Wordle Crash Coursehttps://youtu.be/c_FeIM2gj6w

Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.

Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm

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

Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys

Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com

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

There are some big new 1099k changes coming for reporting to be done in January 2023. There has been a lot of controversy around the 1099 k requirements new in 2022, so AP Now thought we’d address the basics. We’ll explain what the 1099k is and who will have to issue the 1099ks. Stick around until the end when we address the big question on everyone’s mind: Will Accounts Payable have to issue 1099-Ks this year? #1099k #accountspayable #accounting

The 1099k reporting requirements 2022 for 1099k that will be completed in early 2023 have changed. The big threshold change as well as the expansion of the program will leave many scratching their heads. This will also happen in late January and early February when the 1099ks show up in recipients mailboxes.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to The Perfect 1099https://youtu.be/KcqYrRVBqgs

Link to AP Now’s Invoice Serieshttps://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: Mary Schaeffer (www.ap-now.com)

Sadly, criminals are getting quite good at impersonating vendors. This is definitely NOT good news for companies and their accounts payable teams. Today we are going to perform an autopsy on a fraud that was ALMOST successful. We’ll show you the tiny clues the savvy accounting specialist uncovered that put her on the trail of a scam that could have cost her organization a huge amount. In uncovering the fraud at her organization, she helped crack a much larger fraud targeted at one of their suppliers. Stick around until the end when we summarize what you should look for at your organization so you don’t fall into a similar fraud trap created by conniving, savvy fraudsters now targeting accounts payable, treasury and accounting departments everywhere. #fraud #paymentfraud #accountspayable

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to Verifying Change of Bank Account Requests: Prevent Fraudhttps://youtu.be/iBJDDrh3e0k

Link to Fraud Protection Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-Hd5PdNc1YUkSe5IT77nEVHe

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

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

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

Guest: Colleen Oliphant