What is Matching? What are the various methods of matching?
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MATCHING IS HOW U MATCH AN RECEIPT OR PO WITH UR INVOICE
THERE ARE THREE TYPES OF MATCHING
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2 way matching
when u match purchase order or reciept, during invoice
validation, it will check the 2 conditions
1. Quantity billed <= Quantity ordered
2. Invoice price <= Purchase order price
while raising po (we mention the quantity & po price)
(5) (5) =25
the system will check the invoice quantity & invoice price)
(5) (5) =25
3way matching
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1.Quantity billed <= Quantity ordered (5)=(5)QUANTITY
2.invoice price <= Purchase order price (5)=(5)PRICE
3.Quantity billed <= Quantity received (5)=(4)QUANTITY
4 way matching
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1.Quantity billed <= Quantity ordered (5)=(5)QUANTITY
2.invoice price <= Purchase order price (5)=(5)PRICE
3.Quantity billed <= Quantity received (5)=(4)QUANTITY
4.Quantity billed <= Quantity accepted 5)=(3)accepted
quantity after inspection.
it ckecks all the condition , system will accpect all these
conditions if it is with in tolerance, or else it will hold
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / pawan dua
Mathcing is comparing Invoices before validating in AP.
There are three ways to match an Invoice.
- 2Way - Match Invoices with PO (quantity & Amount)
- 3Way - Match Invoice with Receipt; Receipt with PO.
- 4Way - Match Invoice with Inspection; Inspection with
Receipt; and Receipt against PO.
(it is a controlled process; within tolerance)
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ravindra reddy
there are 3 types of matching options
1. 2 way - invoice with purchase order
2. 3 way - invoice , receipt & po
3. 4 way - invoice , receipt , po , inception required
Is This Answer Correct ? | 0 Yes | 0 No |
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