Hello. Great video. Thank you so much. QUESTION - I have an accounting degree. However, I have not worked in the accounting field since receiving my degree as I ended up joining the military. I am now looking to start my accounting career. Do you have an advice about how to do this? I have basic knowledge of accounting from what I remember in school (which was over 10 years ago). However, I see on most job postings that they are looking for someone with this and that experience. It's a bit discouraging. Thanks!

Hello, Mary. I have a Master's Degree in Accounting and got an Accounts Payable Clerk job. Your videos are very helpful. Thank you so much for all the detail.

I would also state out the direct relation between AP and CashFlow. When AP increases, that's good for the cashflow, means cash is not changing hands therefore we have a cash inflow When AP decreases, that's bad for the cashflow, means company is paying her bills in cash which results in an outflow The opposite applies for A/R in relation with CashFlow.

You started talking about accrued expenses 14:10, then the screen went black at 14:16 and doesn’t come back until 14:32 when you start talking about cash.

Using a white board to illustrate enteries would be helpful.

This resumes perfectly a day in my life. Welcome to my world! 😅

Love your videos ❤

This has been so helpful! Thank you!

Thank you for this helpful video!

Why can't I just say the job sucks. I would like to do something different. I've even lied and mentioned that I love my current job, but it is time to move on due to the lack upward mobility...HR "people" can see right through that beforementioned. What they really want to hear is, I want to make you a ton of money and be extremely loyal, and I love working long hours doing the jobs of 4 people and being taken advantage of makes my day. Tell me I'm wrong....

the best way to protect yourself is not to respond to an email (click a link) or text message , but rather, go to your own PC and log into your account and check and see if there is any issue. you will usually see that there is nothing happening and then you can delete the email or DM and report the email as phishing. I have always followed this process, always worked. don't become a victim by rushing!!!

It's nice and educational. Keep up the good work.

Thank you for the great information.

Can i have prevliage may i ask you some question related to Ap , i have been working in account payable domain for last 3 years. I am from india and want to work with you.

I start with steam then pious. All vowels used

Or simply just ask AI, LOL

Good, I got them, except missed #6 and 12.

3. b is correct, because a has an a instead of o

2. a because b has two n’s

1 a because b has two r’s

Paying an invoice twice

Great advice

B

Loved this! Looking forward to attending networking events since I’m someone that feels awkward in these space

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

An increase in AP (larger than normal) could be an indicator of cash flow issues, showing the company is struggling making payments to suppliers. It's also based on company's policy to do it so for an increased cash flow (since cash flow is a stronger indicator than profit). A cash inflow is a strong indicator of how liquid a company is, shows the company has enough money paying the operating expenses and also shows it can grow without needing (much) external financing to do it so. That's why the question 2 is tricky because you can't tell whether its good or bad unless you analyze the balance sheet and apply some ratios for a better understanding and conclusions.

1 When the invoice is created 2. No

Hi Good Evening mem Have 2 +years of experience in accounts payable still iam not getting any interview call some guys are saying now the US market is very dull that is the reason you will not get any calls can you explain how many days we are facing this problem and voice any solution tq mem

Thank you! 👍

Great videos! Very useful. Thank you!!!

So informative no matter how long you have been in this business.

Found your channel randomly, one of the best channels on youtube I found.. thank you..

Thank you

Love the statement that AP must protect the organization's assets. This is so true- and causes such issues with every other department that does not realize AP is not the roadblock but that AP is actually the guard!

Good and informative video Mary, really appreciate your hard work

Well thanks for telling us what that is. I’m assuming you want money first then when I pay it’s just going to be some bs. Welcome to America land of the scam and home of the dammed

Suggestion, please slow down a bit.

O

Excelent

You said it best at the beginning ‘forget the rules of your country’ - you do not have to tip in Greece. Only the US have this expectation that every service needs a tip, here’s a tip, pay your staff better and raise the minimum wage. Tipping is Greece is only required if you feel like it. It is not expected at all. I generally only tip the maids and waitresses if the service/meal was exceptional. This is coming from a Greek.

This video is very helpful and every company who uses AP invoice processing should see and change as per the requirements

Good video and valuable information, greetings from Colombia😁

Hello please any excel sheets for date to date follow up ❤❤❤

Great video. Been there and done that with the duplicate invoices in the ERP, the pressure to process x number of invoices per day and the credit memo struggle.

Am I missing something?? I don't understand the use of Zelle or PayPal. My bills are auto pay from my bank. I purchased items with my credit cards. So, I don't see the benefits of Zelle or PayPal. 🤔