Payment

Q. We have several EDI vendors. However, anytime a vendor adds surcharges to their invoices and it… Read More

Q. I would like to know if anyone on the Advisory Panel uses a vendor to perform ACH verifications.… Read More

Q. Can we deposit a check from one of our tenants that is not dated? Or are we supposed to return… Read More

Recently, an IOFM member inquired about AP’s responsibility to secure vendors’ account information in electronic files. Specifically, she asked:Do we need to redact bank account information on a… Read More

Q. Are you required to obtain a W-9 before making any of these payments: 1. Vendor payment; 2.… Read More

Q. In this new world of remote work, I remain determined to streamline disbursement of funds to… Read More

Q. I have been challenged with two scenarios involving closing expenses. 1. I have a scenario… Read More

Q. Our positive pay file transmission is currently split between finance and the IT department. IT… Read More

Q. My company is a U.S. Federal government contractor doing business in Lebanon with a foreign… Read More

Q. When expired Zelle payments return to us (recipient did not accept the funds within the… Read More