Accounts Payable Basics: A Guide to Almost Everything

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  • @APNow
    @APNow  10 місяців тому +7

    Link to Accounts Payable Tips for Issues Everyone Ignores - until Disaster Hitsua-cam.com/video/jU26nsuOVNA/v-deo.html

  • @trivikram2079
    @trivikram2079 10 місяців тому +6

    Great Videos.... Happy to have Tutors like you.....

    • @APNow
      @APNow  10 місяців тому +1

      Thank you for saying that!

  • @Cherub72
    @Cherub72 10 місяців тому +26

    Great information here. I have to take AP/AR tests for a recruiter. I got my accounting degree like 2 years ago and forgot a lot of stuff because nobody hires graduates these days. Hoping I can get a job in these horrid time. Shalom V'Lehitroat

    • @APNow
      @APNow  10 місяців тому +4

      Good luck

    • @mullagee3508
      @mullagee3508 9 місяців тому +2

      Whats the update ?

    • @Cherub72
      @Cherub72 9 місяців тому

      @@mullagee3508 well I did pass the testing but the recruiters haven't had any jobs for entry level. Everything wants years if experience. I'm not having much luck.

    • @britneyrico2705
      @britneyrico2705 8 місяців тому +1

      Did you pass!!

    • @joro7304
      @joro7304 8 місяців тому

      How did you do?

  • @APNow
    @APNow  9 місяців тому +3

    Want more information about Working in Accounts Payable? Check this out: ua-cam.com/play/PLtL6rWSXZ-HeNwCTRm4jZIlGKzi8VOwi_.html

  • @mani6969
    @mani6969 10 місяців тому +9

    Plz put your video for accrued expenses work in accounts Payable

    • @rohitagarwal7779
      @rohitagarwal7779 10 місяців тому +4

      Accured expenses are those expenses which are made by any company or organization but not yet recorded in their books for current financial year.

    • @APNow
      @APNow  10 місяців тому +3

      Ok - I'll move it up on the list!

    • @rohitagarwal7779
      @rohitagarwal7779 10 місяців тому +3

      @@APNow Hello Mary,
      Can you make a video for 1099 reports from basic, It will be very helpful.

    • @APNow
      @APNow  10 місяців тому +5

      @@rohitagarwal7779 I wish! The problem with doing a talk like that is the IRS makes frequent changes to the rules and my video would be fast out of date.

    • @rohitagarwal7779
      @rohitagarwal7779 10 місяців тому +2

      @@APNow Mary, thanks for the information but i was trying to say that what is 1099 form and why it is used, that video, your subscribers should know in a lay man language.

  • @nadiaawaugh3816
    @nadiaawaugh3816 2 дні тому +1

    Thank you 🙏🏻❤️

    • @APNow
      @APNow  2 дні тому

      Thanks for the feedback. It is appreciated.

  • @SharonMRoss-by1lc
    @SharonMRoss-by1lc 10 місяців тому +2

    Great video! Thank you Ms. Mary!!

    • @APNow
      @APNow  10 місяців тому +1

      You are very welcome. 😀

  • @filipinawifeinGermany15
    @filipinawifeinGermany15 13 днів тому +1

    I work as Accounts receivable and Invoicing Specialist for 3 years. Was pregnant and married. Now I going back in the business world and need to refresh for my upcoming interview for AR/AP Specialist. This video tackles every important information not only in theory but specially in actual work. Thank you for the video. ❤❤❤

    • @APNow
      @APNow  10 днів тому

      Thank you and best of luck.

  • @bluaurora8635
    @bluaurora8635 Місяць тому +1

    This is really helpful, I am a customer operations coordinator, I work for a supplier and our customers/buyers have their AP pay our invoices, it’s nice to know what goes on on your end. I know firsthand all the crazy stuff that can happen, I have empathy for everyone involved, but this was good! Our department used to not even contact our customers for PO decisions for pricing discrepancies (seems like 3/4 POs do not match the price in our system for them, customers don’t update their pricing in their system for years sometimes) and depending on pack size etc it can get really difficult.

    • @APNow
      @APNow  Місяць тому +1

      Thanks for your kind words - and your insights. They are useful to the community. We all do better when we share - so a huge thanks for doing that.

  • @Prashantsharma-xc2wv
    @Prashantsharma-xc2wv 13 днів тому +1

    Thanks for the overview on Accounts Payable...hopefully i will crack the interview.😊

    • @APNow
      @APNow  10 днів тому

      🤞🤞Best of luck. Thanks for your kind words.

  • @hugabear99
    @hugabear99 2 місяці тому +2

    Great information! My current position is AP/ Data Entry for a plastic company. I don’t have a degree but it made me realize that I want to purse a degree in accounting.

    • @JJDK485
      @JJDK485 2 місяці тому

      You need an accounting degree to do AP? I don't think so. Maybe a diploma or certificate in bookkeeping

    • @APNow
      @APNow  2 місяці тому +3

      A growing number of companies are now requiring a degree of new hires. Also, lack of a degree could hold you back from getting promoted at some companies - so, getting one can only help you advance your career. In fact, I know of a number of AP departments whose managers have MBAs.

  • @michaelporter1532
    @michaelporter1532 28 днів тому +1

    I just love the NY accent please do more vids. My AP team is watching your videos. Send bill to…

    • @APNow
      @APNow  28 днів тому +1

      Thank you so very much - a great start for me in the new year

  • @heathermaupin9957
    @heathermaupin9957 6 місяців тому +3

    This was such a great refresher on AP thank you ❤

    • @APNow
      @APNow  6 місяців тому +1

      @@heathermaupin9957 thank you for saying so.

  • @JhayrEval
    @JhayrEval Місяць тому +1

    Thank you ma'am, this is great help for me especially a basic of AP

    • @APNow
      @APNow  Місяць тому +1

      You are very welcome - I'm glad it helped and thanks for telling

  • @arianelizondo7295
    @arianelizondo7295 9 місяців тому +4

    i have a interview next week for AP and i dont have experience yet, some advice and tips ?

    • @APNow
      @APNow  9 місяців тому +13

      be pleasant, charming, and focus on anything in your past experiences that has anything to even remotely do with AP. Are you good in ExceL? Do you know basic accounting? do you have good customer service skills? Are you good at dealing with discrepancies (in numbers), etc. Learn as much as you can before you go. Good luck @airanelizondo7295

    • @arianelizondo7295
      @arianelizondo7295 9 місяців тому +2

      @@APNow thanks a lot

    • @timcrook1343
      @timcrook1343 5 місяців тому

      Did you end up getting the job?​@@arianelizondo7295

  • @prepperdan
    @prepperdan 7 місяців тому +2

    Would you recommend a special email address for the accounts payable department? We currently give our primary company email address to vendors to email invoices to. Is a separate email address for accounts payable best practice?

    • @APNow
      @APNow  7 місяців тому +2

      Definitely - good question!

  • @marialondono6581
    @marialondono6581 9 місяців тому +1

    Excelent

    • @APNow
      @APNow  9 місяців тому +1

      Thank you! That was very kind of you to say

  • @suecook8379
    @suecook8379 9 місяців тому +3

    Suggestion, please slow down a bit.

    • @APNow
      @APNow  9 місяців тому +1

      I was a little speedy on this one - sorry

    • @APNow
      @APNow  9 місяців тому +4

      Just a thought: You can speed up or slow down any video using the settings button on the bottom right of each video.

    • @suecook8379
      @suecook8379 9 місяців тому +1

      Do all A/P people deal with 1099
      s and sales tax? I'm just exploring this.

    • @APNow
      @APNow  9 місяців тому +1

      @@suecook8379 about 3/4 deal with 1099. All need to understand sales and use tax on invoices, but only about 1/2 actually do the use tax reporting

    • @suecook8379
      @suecook8379 9 місяців тому +1

      @@APNow Thanks

  • @abhishekmukherjee07
    @abhishekmukherjee07 7 місяців тому +2

    Fantastic video, it covered everything so well. Thanks a ton mam

    • @APNow
      @APNow  7 місяців тому +1

      You are very welcome!