For years ive struggled to get this in my head, mostly because of my health condition with too many stokes mostly minor. I have trouble memory wise. Although i still love my career as an AP specialist and continue to learn. People don't see what i go through and fear of not being hired, i cant share. Anyways I'm very glad i came across your page. You make it aound perfectly clear. 25+ years and now I'm understanding 😂 ❤❤❤ thanks to you!
Thanks for the great info! Our AP team just converted from servicing US company, to companies in UK, Germany, Japan, etc. Do you have any guidance on vendor set up compliance for subsidiaries outside the US?
Great question Erick. Your task just increased exponentially. You need to study the regulatory compliance issues for each country and ensure you are getting the information needed for each - and of course, they are all different. Yes, I know, this wasn't the answer you were hoping for. Simple example. In the US, we do 1099s and collect W-9s. No one else does. But in the UK, they do some payment timing reporting (not quite the right name, maybe someone will chime in) and you need to collect the info for that. Also, for all other countries there may be VAT reporting. Is that done in AP or elsewhere? I'll be interested to learn how you progress. Good luck.
![Master the Invoice Process: Best Practice [AP + P2P]](/img/1.gif)
For years ive struggled to get this in my head, mostly because of my health condition with too many stokes mostly minor. I have trouble memory wise. Although i still love my career as an AP specialist and continue to learn. People don't see what i go through and fear of not being hired, i cant share. Anyways I'm very glad i came across your page. You make it aound perfectly clear. 25+ years and now I'm understanding 😂 ❤❤❤ thanks to you!
Hi mam,
Greetings
Can u make a video about vendor query handling process..much appreciated ur videos.. helping me lot.
Thanks
I'll add it to the list - Great suggestion - thanks for making it
Thanks for the great info! Our AP team just converted from servicing US company, to companies in UK, Germany, Japan, etc. Do you have any guidance on vendor set up compliance for subsidiaries outside the US?
Great question Erick. Your task just increased exponentially. You need to study the regulatory compliance issues for each country and ensure you are getting the information needed for each - and of course, they are all different. Yes, I know, this wasn't the answer you were hoping for. Simple example. In the US, we do 1099s and collect W-9s. No one else does. But in the UK, they do some payment timing reporting (not quite the right name, maybe someone will chime in) and you need to collect the info for that. Also, for all other countries there may be VAT reporting. Is that done in AP or elsewhere? I'll be interested to learn how you progress. Good luck.
hello Ma’am . do you have a video about how to read W9 forms how to decide who gets a 1099 form at the end of the year ?
That is quite complicated. Usually for tax issues such as this, I rely on a tax attorney for advice - so, sadly no videl.
Love your videos!
Thank you!!!
@@APNow no problem!