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Essentials of Accounts Payable (Essentials Series)
 
 
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Essentials of Accounts Payable (Essentials Series) [Paperback]

Mary S. Schaeffer (Author)
4.5 out of 5 stars  See all reviews (4 customer reviews)

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Book Description

0471203084 978-0471203087 January 28, 2002 1
ESSENTIALS OF ACCOUNTS PAYABLE

Full of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in accounts payable.

"A real-world approach, with great insights and practical wisdom on all aspects of the accounts payable process. Essentials of Accounts Payable provides accounts payable professionals with a framework for action in a rapidly changing environment."
-Tom Nichols, Division Manager, Accounts Payable Operations, AT&T

"Mary Schaeffer has combined her considerable knowledge of the accounts payable process with the learning and benchmark statistics from top companies to produce a world-class guide to the AP process. Without Mary Schaeffer, and IOMA, AP would still be a neglected financial process without any formal reading to explain the complexities of a process that most companies think is simply paying the bills. This book is a must-read for anyone working in, directing, or managing AP operations, both seasoned professionals and those new to the process."
-Linda Sawyer Sisko, Programs Manager, Cisco Systems, Inc.

"This book does an excellent job of explaining the often complicated basics of the accounts payable functions. It provides a quick snapshot for busy executives who need to know how an accounts payable department should run. It is an excellent update for those executives who need to keep up to date on numerous issues that affect this rapidly evolving profession."
-Adrienne Glasgow, Chief Financial Officer, American Red Cross in Greater New York

The Wiley Essentials Series-because the business world is always changing...and so should you.

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Customers buy this book with Essentials of Credit, Collections, and Accounts Receivable $26.37

Essentials of Accounts Payable (Essentials Series) + Essentials of Credit, Collections, and Accounts Receivable
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Editorial Reviews

Review

An excellent introduction to the world of Accounts Payable (AP) with loads of specifics on best practices and helpful hints on how to best get the job done. Chock full of information on how the AP function operates today with a vision for the future of those operations. Although written as a primer for someone new to the AP world, even the most seasoned AP professional will find new and important insights about the AP function. (Sandy CamposVice President of Corporate Services Charles Schwab & Co., Inc.)

From the Publisher

An excellent introduction to the world of Accounts Payable (AP) with loads of specifics on best practices and helpful hints on how to best get the job done. Chock full of information on how the AP function operates today with a vision for the future of those operations. Although written as a primer for someone new to the AP world, even the most seasoned AP professional will find new and important insights about the AP function. (Sandy Campos Vice President of Corporate Services Charles Schwab & Co., Inc.)

Product Details

  • Paperback: 288 pages
  • Publisher: Wiley; 1 edition (January 28, 2002)
  • Language: English
  • ISBN-10: 0471203084
  • ISBN-13: 978-0471203087
  • Product Dimensions: 9.1 x 6 x 0.8 inches
  • Shipping Weight: 14.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #428,584 in Books (See Top 100 in Books)

More About the Author

Towards the end of my 15 year finance career, I began writing - first books and then magazine articles. No one told me it was supposed to be the other way around. Talk about ignorance being bliss! With two books and perhaps 50 articles under my belt, it became clear to me where my future was.

For the last ten years I have been interviewing business professionals and writing about their issues. My most common theme came from an area that I thought had no potential - accounts payable. Now I devote the lion's share of my time to the issue, writing a newsletter(www.ap-now.com), a free e-zine, books for John Wiley & Sons and a short piece or two amazon.com and others.


 

Customer Reviews

4 Reviews
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Average Customer Review
4.5 out of 5 stars (4 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

2 of 2 people found the following review helpful:
4.0 out of 5 stars A highly practice-oriented guide to AP world, July 27, 2005
By 
WU QI WEN (Shenzhen, China) - See all my reviews
(REAL NAME)   
This review is from: Essentials of Accounts Payable (Essentials Series) (Paperback)
A useful handbook for accounts payable professionals. A wide-visioned summary & comparison from accounts payable operations of many companies of various types. Describe things in very details. It will be better if the best practices are more focused to be articulated. Overall, this book would enable someone in this area to achieve a more systematic perception into accounts payable.
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1 of 1 people found the following review helpful:
5.0 out of 5 stars Best Practices Book on Accounts Payable - Recommended, September 26, 2009
Amazon Verified Purchase(What's this?)
This review is from: Essentials of Accounts Payable (Essentials Series) (Paperback)
Essentials of Accounts Payable is a great resource. I'm a practicing CPA and I found it useful.

Accounts payable is normally the first place a new accountant/bookkeeper is going to get a start within an accounting department. And this is in many ways an organization's first line of defense, so it's important to have the function well-covered. Essentials of Accounts Payable is filled with best practice information and advice that will prove insightful and useful to anybody dealing with this function.

This book is not meant to be a complete preparation for the job of accounts payable. One still must learn "debits and credits" - basic accounting. Also, every organization has its own mix of circumstances and history and is therefore unique. What is a desirable practice in one organization may not be in another as the book makes clear. By gaining information, insights and advice on the subject, one is better prepared to properly revise their own accounting policies and procedures.

Since accounting policies and procedures are not static, it pays to revisit ideas about accounts payable. This is a great book for that purpose.
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5.0 out of 5 stars Manager, April 10, 2002
By A Customer
This review is from: Essentials of Accounts Payable (Essentials Series) (Paperback)
A remarkable book in getting anyone up to speed in the world of Accounts Payable. I found this book extremely, It gives valuable insights to both the begineer and the seasoned pro of AP
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Inside This Book (learn more)
First Sentence:
Understand accounting and bookkeeping as they affect account payable and where accounts payable fits into the big financial picture Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
accounts payable associate, master vendor file, accounts payable professionals, payable associates, laser check printing, most accounts payable departments, duplicate payments, accounts payable staff, accounts payable manager, unauthorized deductions, positive pay, electronic invoicing, missing invoices, erroneous payments, accounts payable function, signature plate, payable managers, invoice shows, check fraud, many invoices, vendor files, employee fraud, original invoice, invoice number, credit hold
Key Phrases - Capitalized Phrases (CAPs): (learn more)
General Motors, Extensible Markup Language, United States, Grand Total
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