Accounts Payable in the 21st Century Business Environment: From standard to advanced and most current AP practices - Softcover

A fully revised and updated (April 2019) year 2019 edition of the most popular Accounts Payable guide.The book discusses Accounts Payable operations based on the author's 20 years AP experience with major US corporations, educational, and non-profit institutions. From the basic to advanced processes, from the traditional legacy systems to the ERP approach to the Accounts Payable processes, the book delivers all you need to know about it. There are chapters on general AP functions such as AP policies and procedures, segregation of duties, data entries, processing of form W-9 and new payee set up, and payments processing. A more advanced material includes chapters about SAP Concur processing, e-invoicing, web-procurement, commercial cards management, AP metrics, 1099 and 1042 reporting. Also described are wire, ACH, and cards payment processing, Escheat (Unclaimed Property), and nonresident tax compliance. All currently practiced Accounts Payable activities are included in the book, as well as chapters on general accounting, payroll and excel. This 2019 edition includes expanded chapters on forms 1099 and SAP Concur T&E processing.This is a real world practical Accounts Payable guide written by a practicing Accounts Payable professional. A must have textbook for all Accounts Payable professionals, AP administrators and clerks, as well as CPA's, auditors, accounting executives and business owners.Costa Levi P. is a Certified Public Accountant (GU) who lives in New York City with his spouse and three children.

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. Year 2014 updates to the accounts payable processes, including FATCA-related changes to W-9 and 1042 reporting, are described and fully explained. 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. Costa Levi is a Certified Public Accountant who works and lives in New York City with his wife and three children.