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Fixing Common Accounts Payable Accounting Errors
Manage episode 440744580 series 2500761
Mistakes in accounts payable often mean that accounting entries Subscribe: https://www.youtube.com/APNow?sub_confirmation=1
Mistakes in accounts payable often mean that accounting entries either have to be adjusted, new ones have to be put through to reverse the original transaction or a correcting journal entry needs to be created. The journal entry route often does not leave a clear audit trail and best practice organizations avoid it if they possibly came. In this piece we discuss some of the common mistakes that happen in accounts payable and their related accounting entries. We also share how these errors can be fixed so the organizations financial records are accurate. #accountspayable #accounting #p2p
Link to Journal Entry Fraud A Comprehensive Introduction https://youtu.be/XmhxuU5ES1U
Looking for more of the most current business intelligence about
+ Best practices around your payment and accounts payable function
+ Current and new fraud protection protocols
+ The newest technology impacting your accounting, accounts payable, and payment functions
+ Career advancement
+And much more!!
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
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See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
100 эпизодов
Manage episode 440744580 series 2500761
Mistakes in accounts payable often mean that accounting entries Subscribe: https://www.youtube.com/APNow?sub_confirmation=1
Mistakes in accounts payable often mean that accounting entries either have to be adjusted, new ones have to be put through to reverse the original transaction or a correcting journal entry needs to be created. The journal entry route often does not leave a clear audit trail and best practice organizations avoid it if they possibly came. In this piece we discuss some of the common mistakes that happen in accounts payable and their related accounting entries. We also share how these errors can be fixed so the organizations financial records are accurate. #accountspayable #accounting #p2p
Link to Journal Entry Fraud A Comprehensive Introduction https://youtu.be/XmhxuU5ES1U
Looking for more of the most current business intelligence about
+ Best practices around your payment and accounts payable function
+ Current and new fraud protection protocols
+ The newest technology impacting your accounting, accounts payable, and payment functions
+ Career advancement
+And much more!!
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
100 эпизодов
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