Aapa Guide to Accounts Payable, 2011 Edition

by Cokala, Cokala

Published in conjunction with the American Accounts Payable Association, the AAPA Guide to Accounts Payable is literally your one-stop-shop for everything you need to know about how to run a successful AP department. It guides you through all the essential issues you need to take into consideration in order to make proper payment decisions. And it provides straight-forward, practical answers and "how-to" tips covering the full range of responsibilities carried by AP departments today.

AAPA Guide to Accounts Payable concentrates exclusively on what it takes to make an accounts payable department operate at maximum efficiency, and what AP professionals can do to fulfill their responsibilities according to the highest standards of the industry.

The AAPA Guide to Accounts Payable will help you:

Keep completely current with regulatory updates and new IRS enforcement actions affecting Form 1099 and Form 1042-S tax reporting, including potential changes that will dramatically increase your Form 1099 reporting volume

Track new legislation and new dollar limitations that affect benefit payments in 2010

Apply the appropriate 2010 sales and use tax rates

And more!

In addition, this resource will enable you to:

Fully understand how to identify payments that should not be authorized

Recognize misclassified workers who should be paid through payroll as employees rather than as independent contractors paid by AP

Identify payees that are blocked from receiving payments by Office of Foreign Assets Control (OFAC), and work with the new International ACH Transaction rules

Avoid any duplicate or erroneous payments

Understand best practices for evaluating or implementing outsourcing or shared services

Navigate the rapidly changing landscape of AP technology and procure-to-pay processes

Detect and prevent fraud in your AP process

And much more!

The AAPA Guide to Accounts Payable enables you to do all of that - and more!

You'll receive clear and concise guidance and practical solutions for handling key accounts payable issues, including:

Travel & Entertainment

Fraud and Security

State and Federal Tax Issues

Abandoned and Unclaimed Property

Compliance with Sarbanes-Oxley Requirements for Financial Accountability

Audits of Payments to Foreign Entities

New Technology in the AP Workflow

And more!

1120 pages, Loose-Leaf

First published July 7, 2011