Accounts Payable Resources & Tools: Unclaimed Property     

Produced by Reid Unclaimed Property and sponsored by Accounts Payable Now & Tomorrow, a CRYSTALLUS, Inc. publication, our unclaimed property tools are available as an Executive Bundle  or separately by item. The items are:

The Unclaimed Property Dormancy Due Diligence Chart

tracks requirements for all states, Washington D.C., Guam, Puerto Rico, the U.S. Virgin Islands, and Canada. Tracey Reid, president of Reid Unclaimed Property tracks and regularly updates this information to advise and file for her clients. She is now making this information more broadly available to professionals who need this crucial information – and at a reasonable cost. The information is provided electronically in an Excel spreadsheet and contains data aboutall the states and locales plus 23 payment types, payment dates, reporting dates, and negative reports.

Updates are available each August. A notice for updates will be sent to anyone who has purchased the data or an update in the last two years.

Price for Initial License: $179

Annual updates: $99

For all details and to order, click here.

To download a (pdf) order form, click here.

The Unclaimed Property Policy and Procedures Manual 

is a 10-plus-page generic policy and procedures manual for unclaimed property. It incorporates best practices and is provided as a Word document so you can adjust it to reflect your own actual procedures, personnel, and organization. Your purchase price entitles you to the use of this manual only at the purchasing organization.

Price:$99                                                                                              

For all details and to order, click here.

To download a (pdf) order form, click here.

Unclaimed Property: What You Need to Know Today to File Accurately CD

Is there a ticking escheat bomb waiting to explode in your organization? Many have one and choose to look the other way. A major financial exposure for all organizations—both large and small—is their compliance with state abandoned property laws. Laws in all US states and territories require businesses to report and remit outstanding liabilities. And there are very specific rules about when and how you must do this. Items such as uncashed payroll and vendor checks, unclaimed dividends and securities, unredeemed gift certificates and unidentified remittances that have not been claimed by the owner within a specified period of time are supposed to be remitted to the states. What’s more there are steps you can take to minimize your liabilities

Please join us for 60-fast paced minutes as Tracey Reid, President of Reid Unclaimed Property Services explains what you need to know to make sure you comply with Unclaimed Property Reporting requirements—avoid a disaster if audited. After this session you will be able to:

* Identify hidden unclaimed property obligations in your company

* Recognize unclaimed property audit red flags on your reports

* Successfully manage any unclaimed property audit

* Streamline your company’s unclaimed property policies and procedures

* Establish a due diligence program to minimize your exposure

Price: $189

For all details and to order, click here.

To download a (pdf) order form, click here.

The Unclaimed Property Executive Bundle

Includes: the Unclaimed Property Dormancy Due Diligence Chart, the Unclaimed Property Policy and Procedures Manual,  and the Unclaimed Property: How to Get in Compliance CD.

All for $395 – a $72 savings!

For all details and to order, click here.

To download a (pdf) order form, click here.

Both Reid Unclaimed Property & Tracey Reid herself have been helping businesses of all sizes become compliant with state unclaimed property laws since 2002. Before starting Reid Unclaimed Property Services, Tracey L. Reid was a manager in the Big-Four public accounting arena for several years concentrating on unclaimed property. Her clients range in size from Fortune 100 corporations to sole proprietors. Ms. Reid is a frequent and popular speaker in the area of unclaimed property and is the author of Unclaimed Property: A Reporting Process and Audit Survival Guide to be published by John Wiley & Sons in October 2008. She is a member of both the Ohio Bar Association and the Florida Bar Association and is a graduate of the University of Miami School of Law with an LL.M. degree in taxation.  She also earned a J.D. degree from the Salmon P. Chase College of Law at Northern Kentucky University.

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