The AP Channel Newsletter
Home AP Blogs AP News AP Store December 16, 2009
In this Issue
Editor's Note
Shortened TINs
Key AP Benchmarks
Continuing Education
Just for Fun!
TAPN Webinar

Processing and Filing Form 1042-S: Payments Issued to Foreign Payees
Doug Rogers and Lynda Foertschbeck, IRSCompliance
January 14, 2010

Register
TAPN Webinar Recording

1099-MISC Workshop
Featuring John and Lynda Foertschbeck, IRSCompliance
Order
TAPN Webinar
Recording


New 1099 Regulations Expected: Prepare Now to Protect Your AP Department
Doug Rogers, IRSCompliance
Order
TAPN Webinar
Recording


1099 State Reporting Requirements and Compliance Issues
Featuring John and Lynda Foertschbeck, IRSCompliance
Order
 
'Tis the Season – Get Me the Aspirin
It's the holiday season again – a time when spirits are high and people can take a break from their problems. Unfortunately, with year-end closing and 1099 season ratcheting up, it can be hard to get into the Christmas spirit.

From a new 1099 pilot program to new benchmark results, this issue features some holiday gifts that just might make the pressures of the season a little less difficult to handle.
Patrick Harbin – Editor
Shortened TINs
Payees are not always comfortable with 1099s containing their social security numbers arriving in the mail. If the wrong person intercepts the document, then the payee could get hit with costly identity fraud. In response to this concern, the IRS has started a new pilot program this year to reduce the risk.

See Shortened TINs Help Fight Identity Fraud on TAPC.

Key AP Benchmarks

It can always be a challenge to know where your AP department stands in relation to others. You may think you have an exceptional cost per invoice or that your throughput per person is lower than you'd like. But, without benchmarks, it's difficult to know where you rank.

The Accounts Payable Network has just published a new special report sponsored by Kofax entitled Key AP Benchmarks, which covers:

  • Cost per invoice

  • The median percentage of invoices tied to a purchase order

  • The most commonly outsourced AP functions

Download your complimentary copy of the Kofax-sponsored TAPN special report, Key AP Benchmarks. Put your department in perspective.

Just for Fun!
Whether at the office or home, there are a lot of great things your computer can do. Unfortunately, most of these great programs also come with pretty steep price tags. But, in keeping with the spirit of giving, check out this list of the Top 50 Free Software for Windows.


Membership in The AP Channel features TAPC content, including Blogs, AP articles, resources like state tax & escheat tables, and an AP store with downloadable tools including policy templates, forms, metrics spreadsheets, internal controls checklists and more. It's available online in one place. The AP Channel.

(c) 2009,  Financial Operations Networks LLC. All Rights Reserved.
2100 RiverEdge Parkway, Suite 380, Atlanta, Georgia 30328, (866) 827-6389