What is 2 way, 3 way and 4 way matching?

Answer Posted / zubin

two way :
IR (invoice Received) & PO (Purchase Order)

Three Way:
GR (Good Received), IR & a PO

Four way:
GR, IR, PO and actual Quantity Received(QR)

Four way matching is nathing but a little elaborating the previously exist three way matching. this is a new concept in the market. one can varify this fouth element through GRN(Goods Received Note) from the supplier if any conflict occured.

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