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Showing posts from February, 2014

Types of Invoice Matching

 There are 3 types of matching 2-Way 3-Way 4-Way  2-way matching verifies that purchase order and invoice information match within your tolerances as follows: Quantity billed  is less than or equal to  Quantity ordered Invoice price  is less than or equal to  Purchase order price 3-way matching adds a third criterion to verify that receipt and invoice information match with the quantity tolerances you define: Quantity billed  is less than or equal to  Quantity received 4-way matching adds a fourth criterion to verify that acceptance documents and invoice information match within the quantity tolerances you define: Quantity billed  is less than or equal to  Quantity accepted When you match to a purchase order, Payables automatically performs 2-way matching. In the Purchasing Options window you can choose to additionally use 3-way or 4-way matching. You ...

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