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#accounts-payable

Accounts Payable

Manage vendor payments, track bills, and optimize cash outflow

41 postsView all tags
Bill.com vs. Melio vs. Ramp: Which AP Tool Fits Your Business?
·mike

Bill.com vs. Melio vs. Ramp: Which AP Tool Fits Your Business?

A side-by-side comparison of Bill.com, Melio, and Ramp for accounts-payable automation — pricing, ERP integrations, AI invoice coding, and which tool fits businesses by invoice volume and approval complexity.

accounts-payable
fintech
small-business
Check Washing Is Back: How to Protect Your Small Business's Accounts Payable From Mail Theft Fraud
·mike

Check Washing Is Back: How to Protect Your Small Business's Accounts Payable From Mail Theft Fraud

Check fraud losses hit roughly $21 billion in 2023 and mail-receptacle theft rose 139% between FY2019 and FY2023. This guide covers the accounts-payable controls that actually stop check washing — positive pay, weekly reconciliation inside the UCC 4-406 window, gel ink, and separating check-writing from reconciliation.

fraud-prevention
accounts-payable
small-business
Freight Broker Bookkeeping: Quick Pay, Factoring, and the Cash-Flow Math Behind Your Working Capital
·mike

Freight Broker Bookkeeping: Quick Pay, Factoring, and the Cash-Flow Math Behind Your Working Capital

On $10M in annual revenue with a 50-day collection cycle, a freight broker has roughly $1.4M of working capital tied up bridging shipper and carrier payment terms, costing $84,000 to $112,000 a year in financing fees.

bookkeeping
cash-flow
trucking
Freight Broker Bookkeeping: Quick Pay vs. Factoring and How to Track Carrier Payables
·mike

Freight Broker Bookkeeping: Quick Pay vs. Factoring and How to Track Carrier Payables

Freight brokers pay carriers in 2–5 days but collect from shippers on 30–60 day terms — a working-capital gap that sinks profitable brokerages. How quick pay fees (2–5%) and factoring (typically 2–3.5%) differ in your books, why each load creates three cash events, how to handle Notice of Assignment payables and 5–10% reserve holdbacks, and who owns 1099 reporting under the new $2,000 threshold for 2026.

trucking
bookkeeping
cash-flow
2/10 Net 30 Explained: How a 2% Discount Becomes a 37% Annualized Return
·mike

2/10 Net 30 Explained: How a 2% Discount Becomes a 37% Annualized Return

A 2/10 Net 30 trade discount — 2% off for paying within 10 days instead of 30 — is equivalent to an annualized return of roughly 37%, making it one of the highest guaranteed returns available to a small business's idle cash.

accounts-payable
cash-flow
small-business
13-Week Cash Flow Forecast: A Small Business Guide to Cash Conversion Cycle, DSO, and DPO
·mike

13-Week Cash Flow Forecast: A Small Business Guide to Cash Conversion Cycle, DSO, and DPO

A step-by-step guide to building a 13-week cash flow forecast, plus how DSO, DPO, and the cash conversion cycle formula (CCC = DIO + DSO − DPO) reveal cash trapped in receivables and inventory before it causes a payroll shortfall.

cash-flow
forecasting
small-business
Business Email Compromise: The Accounts Payable Controls That Stop Wire Fraud
·mike

Business Email Compromise: The Accounts Payable Controls That Stop Wire Fraud

Business email compromise cost U.S. victims over $3 billion in reported losses in 2025, and 86% of it moves by wire or ACH. Six accounts payable controls — callback verification, dual approval, vendor master file locks — stop fraudulent transfers before the money leaves.

fraud-prevention
accounts-payable
small-business
Managing Sales Tax Exemption & Resale Certificates: 6 Best Practices to Survive an Audit
·mike

Managing Sales Tax Exemption & Resale Certificates: 6 Best Practices to Survive an Audit

One missing resale certificate can reprice years of sales as taxable — collect the right form at checkout, validate it on receipt, renew 60 days before expiry, and tie every certificate to its invoices.

sales-tax
tax-compliance
small-business
Collecting W-9s and Avoiding Backup Withholding: A Vendor-Onboarding Playbook
·mike

Collecting W-9s and Avoiding Backup Withholding: A Vendor-Onboarding Playbook

The IRS requires 24% backup withholding when a vendor's TIN is missing or incorrect. This playbook covers collecting W-9s before the first payment, validating them, using the free IRS TIN Matching Program, responding to CP2100 B-notices within 15 business days, and why the new $2,000 1099-NEC threshold for 2026 doesn't change when you need a W-9.

tax-compliance
vendor-management
small-business
Collecting W-9s and Avoiding 24% Backup Withholding: A Vendor-Onboarding Playbook for 1099 Compliance
·mike

Collecting W-9s and Avoiding 24% Backup Withholding: A Vendor-Onboarding Playbook for 1099 Compliance

A practical vendor-onboarding playbook for collecting W-9s, passing IRS TIN matching, handling CP2100 and B notices, and avoiding 24% backup withholding and 1099 penalties in 2026.

tax-compliance
small-business
bookkeeping
W-9 Vendor Onboarding in 2026: TIN Matching, Backup Withholding, and CP2100 Defense
·mike

W-9 Vendor Onboarding in 2026: TIN Matching, Backup Withholding, and CP2100 Defense

A 2026 walkthrough of W-9 collection, IRS e-Services TIN matching, the 24 percent backup withholding trigger, CP2100 B-Notice timelines, Section 6721 penalty defense, and W-8BEN handling for small businesses paying contractors.

tax-compliance
small-business
vendor-management
Form 1099-NEC Filing Season 2026: $2,000 Threshold, IRIS E-Filing, and How to Avoid Stacked Penalties
·mike

Form 1099-NEC Filing Season 2026: $2,000 Threshold, IRIS E-Filing, and How to Avoid Stacked Penalties

For tax year 2026, the 1099-NEC reporting threshold rises from $600 to $2,000 and the IRS replaces FIRE with the IRIS portal. A practical workflow for W-9 collection, TIN matching, backup withholding, e-filing, and avoiding per-form penalties that stack under §6721 and §6722.

tax-compliance
small-business
independent-contractor
Showing 13–24 of 41 posts