|
Home>
ARTICLES > ACCOUNTS PAYABLE PROCEDURES
and ARTICLES
|
Featured
Product
|
ACCOUNTS
PAYABLE PROCEDURES AND ARTICLES
|
|
|
Best
Practices: Accounts Payable
- Effectively managing your accounts payable can have
positive effects on your cash flow and your relationships
with suppliers.
Accounts
Payable Definition - A wonderful explanation
and definition of accounts payalble along with some helpful
articles.
Avoiding
Seasonal Glitches - Maintaining tight control
over accounts payable is always important for a growing
business -- but in highly seasonal operations, it's essential.
Goals
in Accounts Payable - The top priorities
of Accounts Payable Administrators are centered primarily
around two interrelated principles: improving efficiency
and increasing the use of automation.
Bill
or Not to Bill Online - FOR MOST COMPANIES
today, B2B transactions start and end with the purchase
order—with billing and payment still largely done
the old-fashioned way, on paper.
Catching
Costly Errors - A CEO explains how costly
errors can be when vendors overbill.
Clear
Channel Streamlines Paper-Intensive Accounts Payable
- How one large company's Accounts Paybable Department
went "paperless".
Creating
a System of Safeguards - An architectural
firm's vice-president explains his four-step system to
manage accounts payable.
Detecting
Accounts Payable Abuse Through Continuous Auditing
- Accounts payable is an especially fruitful area to use
Electronic continuous auditing tools to detect waste,
fraud, and abuse. For many organizations, the disbursements
paid through the accounts payable function are their largest
outflow of cash.
Elements
Of The Accounting System: Accounts Payable
- Whom do you owe? Keep track with the accounts payable
ledger.
Employee
Advances and Expense Reports - Rapid turnaround
is a key in expense return processing. Increases in electronic
reporting and automatic approval are the trends as companies
work to keep employees happy.
General
Trends - The overall recognition of Accounts
Payable's role in strategic planning is trending downward
and more organizations are merging Accounts Payable and
Purchasing operations. Following are some details on general
trends in A/P operations.
Getting
the Most From Duplicate-payment Audits
- Given the state of the current economy, there
is no better time for internal auditors to add value by
identifying cash savings for their organizations. Duplicate-payment
audits provide a superb opportunity to meet this success
metric and, if you do it right, pay for your department
for the next few years.
How
Accounts Payable affect cash - The simple
exlanation is that every dollar you have in accounts payable
is a dollar added to cash.
Prioritizing
Bills When Money is Short - Facing a severe
cash crunch? Create a base strategy to help you decide
which creditors must be paid first.
Simple
Changes Can Minimize Accounts Payable Errors
- In most companies, one out of every 500 invoices that
has already been paid contains an error of some sort,
such as a payment of an overcharge or a duplicate payment.Over
the course of several years, these errors can add up to
significant dollars.
Strategies
for Writing Accounts Payable Procedures -
This article helps you come up with successful strategies
to writing your accounts payable procedures.
Timing
Strategies - An auditing
expert offers a couple tips on using your accounts-payable
system as a source of financing.
|
|
|
|
