New Edition! AAPA Guide to Accounts Payable, 2013 Edition by Jerri Langer, Mary Kallewaard List Price: $355.00   Eligible for Free Standard Shipping on U.S. Prepaid Orders Imprint: Aspen Publishers ISBN: 9781454825333 Looseleaf: 1,120 pages Last Updated: 7/25/2013 Available: Item ships in 3-5 Business Days

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. Written by Jerri LS Langer, J.D., LL.M – winner of the AAPA’s 2012 Accounts Payable Professional of the Year award – and Mary Kallewaard, 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: 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! The 2013 edition of AAPA Guide to Accounts Payable covers an unprecedented number of changes enacted by federal and state government authorities, including: New federal tax rules for documenting the identity and status of the vendors and others paid through Accounts Payable and explanation of expected new Form W-9 and Forms W-8 with the rules for foreign payees Final tax regulations for FATCA, the Foreign Account Tax Compliance Act, which impact payments going to foreign entities and foreign financial institutions and require changes to be phased in from 2014 through 2017 New section, "AP Data Governance and Protection," with an explanation of data privacy and protection laws for the use of technology in Accounts Payable The benefits to AP of electronic invoicing and automated invoice processing New accelerated dormancy periods in some states for abandoned and unclaimed property and new litigation exposure for AP Updated section on garnishments including procedural steps, and new discussion of priority of deductions, tax levies, and creditor garnishments Audit pointers for fringe benefits Expanded explanation of tax withholding rules for payments to non-U.S. payees New recommended data collection in vendor setup protocols to help your organization meet regulatory requirements Updated 2013 state sales tax rate chart and lookup sources for finding local sales tax rates Key points for protecting vendors' personal information Checklist for matching invoices against the vendor master file State sales tax rulings and policy developments on digital transfer of matter and sales tax on remote sales through Internet sites Impact of the new health care law (Affordable Care Act) on payments made from Accounts Payable relating to employee benefits Explanation of new IRS reorganization of tax rules into "Chapter 3" and "Chapter 4" regulations for paying foreign entities Accounts Payable support of 1099s in shared services Dozens of new court decisions, IRS rulings, and state actions affecting payments Considerations when determining whether to give contractors access to your vendor files Important changes, including phase-out of the USCIS Form I-94, when screening foreign individuals Update on Amazon sales tax laws, including new federal legislation being debated in Congress The impact of Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization, on Accounts Payable Explanation of temporary regulations on whether to capitalize or expense property New ruling on the learning-through-working program The impact of tax legislation on accounting IRS proposals for e-signature standards New developments in the Amazon.com imposition of sales tax Explanation of final regulations about the use of aircraft for entertainment involving officers, directors, or owners Updated state contact information for abandoned and unclaimed property. Explanation of proposed regulations, which clarify when businesses may take a deduction for meal and entertainment expenses if there is a three-party expense reimbursement arrangement 1. INTRODUCTION What is Accounts Payable? Goals for Accounts Payable 2. WHAT'S NEW IN ACCOUNTS PAYABLE FOR 2013? Final Tax Regulations under FATCA Form 1099 and 1042-S Reporting 2013 Federal Tax Fringe Benefit Changes New Federal Tax Guidance OFAC and FinCEN Sales and Use Tax Abandoned and Unclaimed Property Internal Controls Technology and Outsourcing 3. VENDOR TAX SETUP: PAYEE DOCUMENTATION AND PAYMENT CLASSIFICATION FOR WITHHOLDING AND REPORTING Steps in the Tax Setup Tax Identification Numbers (TINs): Social Security Numbers, Employer Identification Numbers, Individual Tax Identification Numbers Form W-9: Documentation from U.S. Payees Documentation from Non-U.S. Payees for Chapter 3 Withholding Purposes What Is Required When Tax Status Documentation Is Missing? FATCA (Chapter 4) Payees Special Rules for Foreign Affiliates of U.S. Entities and Other Non-U.S. Payers Tax Documentation in the Context of Electronic Funds Transfer (EFT), Fedwire, Bank Transfers, and Purchasing Cards State and Local Tax Issues 4. TAX WITHHOLDING AND INFORMATION REPORTING Types of Federal Tax Withholding and Reporting in AP Form 1099 Reportable Payments to U.S. Persons: Introduction Form 1099-MISC: Who Is Required to File? Form 1099-MISC: What Is Reportable Reporting Interest, Stock Distributions, and Changes of Corporate Ownership and Control Reporting Sales of Securities: 1099-B Other Information Reporting Preparing and Filing 1099s Furnishing 1099 Payee Statements Backup Withholding of Federal Income Tax Steps to a Successful Tax Reporting Year End Handling IRS TIN Penalties, Other Notices and Audits State Withholding and Reporting 5. WITHHOLDING ON PAYMENTS TO FOREIGN PERSONS Withholding on Payments to Foreign Persons Foreign Account Tax Compliance Act (FATCA, Known as Chapter 4 Withholding) 30% Withholding at Source Under Sections 1441 and 1442 (Chapter 3 Withholding): Forms 1042 and 1042-S Reporting Foreign Investment in Real Property Tax (FIRPTA) Preparing for IRS Audits on Form 1042 and 1042-S Compliance 6. GOVERNMENT REGULATION OF WHOM YOU PAY Vendor Background Checks, Vendor Screening, and Use of Industry Codes OFAC and Prohibited Payments Financial Crimes Enforcement Network (FinCEN) Considerations: FBAR Rules and Money Services Surveillance Reporting of Cash Payments Over $10,000 to IRS Complying with U.S. Export Controls Foreign Corrupt Practices Act (FCPA) State New Hire Reporting of Independent Contractors Garnishment Considerations Worker Classification: Independent Contractor vs. Employee Global Workforce: Immigration and Eligibility to Work AP Data Governance and Protection 7. VENDOR FILE MANAGEMENT Legalities for Vendor Master File Setup Vendor Setup Organization Naming Conventions for the Vendor Master File Screening of Vendors Master File Self-Service Portals Vendor Profiling Inactivating and Purging Vendors Handling Requests for Vendor Name Changes Handling Multi-Vendors 8. PAYABLES RECEIPT, PROCESSING, AND DISBURSEMENT Basic Workflow of Accounts Payable Invoices and Other Requests for Payment Logging Invoices into the AP System Matching the Invoices Coding Holds on Invoices Performance Indicators Invoice Payment Expense Reimbursements Working with Procurement and Purchasing Tax Documentation The Procure-to-Pay Electronic Process 9. FRINGE BENEFIT PAYMENTS AND EXPENSE DOCUMENTATION Fringe Benefits in General Specific Benefits Working Condition Benefits Valuing Fringe Benefits Rules for Withholding and Reporting Amount to Report on Forms 941 and W-2 Expense Reimbursement Nonaccountable Plan Checklist for Reimbursing Expenses Audit Pointers Expense Summary Table Automating Your Process 10. SALES AND USE TAX Definition and Operation of Sales Tax Wholesale Sales Withdrawals from Inventory Definition and Operation of Use Tax Nexus for Taxation Exemption Certificates What Is Subject to Sales and Use Tax? Sales and Use Tax in Electronic Commerce Direct Pay Permits State and Local Sales Tax Information Streamlined Sales Tax Sales and Use Tax Verification in Accounts Payable Working with Your Organization's Tax Department Sales Tax Audit Sales and Use Tax Electronic Applications Keeping Up with Changes in Sales and Use Tax Canadian Goods and Services Tax (GST) Value Added Taxes in Foreign Countries 11. ABANDONED AND UNCLAIMED PROPERTY Abandoned and Unclaimed Property Overview and Trends Who Is Subject to Abandoned and Unclaimed Property Laws? What Is Abandoned and Unclaimed Property? When Is Property Considered Abandoned? What Causes Abandonment of Property? Holder Due Diligence Regarding AUP Which State Has a Right to the Abandoned Property? Steps to Comply with State Laws for AUP State Enforcement of AUP Compliance Benchmark Practices for AUP Compliance New Matters Arising in AUP Audits List of State Unclaimed Property Agencies 12. ACCOUNTING AND GENERAL LEDGER MAINTENANCE Basic Accounting Standards and GAAP Financial Accounting Statements Accounting Methods and Periods Chart of Accounts and General Ledger Maintenance Debit and Credit Journal Entries Assets and Liabilities: The Balance Sheet Tax Accounting Accounting for Garnishments and Levies Bank Reconciliation Managerial (Cost) Accounting Tips on Accounting Period Closing Procedures IFRS as a Global Standard: What This Means to AP 13. MANAGEMENT OVERSIGHT AND INTERNAL CONTROLS Segregation of Duties Access Control Written Policies and Procedures Working with Internal Audit Components of Internal Control The Sarbanes-Oxley Act Internal Control Review of Outsourced Service Providers 14. PREVENTION OF FRAUD AND HUMAN ERROR Invoice Processing Methods of Payment Employee Fraud: Expense Reimbursement, T&E Payments, and Other Matters Passwords Identity Theft 15. OUTSOURCING AND SHARED SERVICES Outsourcing Accounts Payable Processes The RFP for Outsourcing Operating with Outsourced AP Functions The Shared Services Operating Model for Accounts Payable Operating in a Multi-Function Shared Services Environment Standardization of Processing for Shared Services Onshore or Offshore Shared Services Location? Implementation and Management of Shared Services Operations 16. MERGERS, ACQUISITIONS, AND OTHER REORGANIZATIONS Structure of the Event New EINs as a Result of Merger or Acquisition Consolidations of Forms 1099 or 1042 of Successor and Predecessor Business New Contractor Reporting after Merger or Acquisition Existing Garnishments after Merger or Acquisition List of Matters to Be Managed in an M&A Event 17. RECOVERY OF ERRONEOUS PAYMENTS AND OVERPAYMENTS Basic Concerns Why Erroneous Payments Occur How Erroneous Payments Occur Discovering Erroneous Payments Recovering Payments Specialized Audits Recovery Audit Firms Best Practices for Limiting/Reducing Erroneous Payments 18. RECORDKEEPING AND DOCUMENT MANAGEMENT: ENTERPRISE CONTENT MANAGEMENT Enterprise Content Management E-Storage and Other Methods Electronic Signatures Regulatory Recordkeeping Requirements Tax Recordkeeping Requirements Retention Period American Payroll Association (APA) Basic Guide to Payroll, 2013 Revised Edition Joanne Mitchell-George, Delores Risteau Between the American Taxpayer Relief Act of 2012, a new Form I-9, active courts, and the IRS has been promulgating new regulations, it's more important than ever to be in compliance with payroll laws and regulations! How do you keep up with all the changes and stay in compliance to avoid penalties more... Add to cart   |  Price: $389.00  |  ISBN: 9781454825340  |  Format: Looseleaf  Imprint: Aspen Publishers  Payroll Manager's Letter Dorinda D. DeScherer, Terence M. Myers Payroll Manager's Letter has been keeping payroll and HR professionals informed and up-to-date since 1985. This semi-monthly 8-page newsletter contains concise, plain-English explanations of the latest federal payroll developments: New tax laws and regulations IRS announcements, revenue rul more... Add to cart   |  Price: $399.00  |  PIN: 9900004600  |  Format: Paperback  Imprint: Aspen Publishers  Quick Reference to Payroll Compliance, 2013 Edition Alice Gilman Quick Reference to Payroll Compliance is a one-volume resource that gives you straightforward instruction on complying with both federal and state laws for all areas of payroll administration: from calculating gross pay to handling garnishments, from taxation of fringe benefits to year-en more... Add to cart   |  Price: $385.00  |  ISBN: 9781454825753  |  Format: Paperback  Imprint: Aspen Publishers  Payroll Answer Book, 2013 Edition Deborah Timberlake Payroll Answer Book gives payroll professionals guidance on what steps they need to take to comply with the laws and regulations governing payroll. The Q&A format helps you quickly and easily find answers to all of your employees' payroll questions. From both a legal and practical standpoi more... Add to cart   |  Price: $335.00  |  ISBN: 9781454825289  |  Format: Hardcover  Imprint: Aspen Publishers  U.S. Master Payroll Guide, 2013 Edition CCH Editors The 2013 Edition of the U.S. Master Payroll Guide is designed to meet the needs of customers who handle their payroll internally, outsource their payroll, subscribe to an electronic payroll library, or who cannot afford a comprehensive payroll resource. It serves as a reference guide for find more... Add to cart   |  Price: $145.00  |  ISBN: 9780808034063  |  Format: Paperback  Imprint: Aspen Publishers  Wage-Hour Compliance Handbook, 2013 Edition Terence M. Myers, Dorinda D. DeScherer Wage-Hour Compliance Handbook: Practical Guide to Law and Administration is the most comprehensive reference available to payroll practitioners, human resource managers, and business owners. This one-of-a-kind reference includes plain-English explanations of the laws and how they affect you. Th more... Add to cart   |  Price: $399.00  |  ISBN: 9781454825845  |  Format: Looseleaf  Imprint: Aspen Publishers