Three Way Matching Concept

What do you mean by THREE WAY MATCHING CONCEPT for the following aspects

Voucher & receiver
Purchase order, Receiver & invoice
Receiver, Invoice & Voucher
Invoice, Purchase order & Voucher

Questions by vishakanu

Showing Answers 1 - 3 of 3 Answers

anilbk

  • Jun 24th, 2010
 

Three way matching in case of invoice processing is all three price quantity and invoice must match exactly.

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sgpatnaik

  • Dec 29th, 2010
 

A three matching concept is nothing but matching your order with the due to be paid to supplier.

You PO value ( respective line value ) should match with your Invoice value.
You GRN qty should match with the Invoice quantity always.

If toleranceĀ is allowed then invoice can be paid even value does not match.

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shabeena

  • Jun 21st, 2013
 

when we creating the invoice in 3-way matching invoice price and po price receipt price should be match

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Deepthi Naveen

  • Mar 7th, 2014
 

Invoice, PO & Voucher

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Pintal Chauhan

  • Jul 25th, 2016
 

Invoice, Purchase Order and Goods Receipts Note

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ERP

  • Aug 12th, 2016
 

Purchase Order, Goods Receipt Note, Purchase Invoice.

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Asif

  • Sep 29th, 2016
 

3 way match: Purchase Order, Invoice, Goods Receipt Note

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Nirmala

  • Jun 2nd, 2017
 

Three-way refers to the three documents involved vendors invoice which was received and will become part of an organization accounts payable if approved. Purchase order prepared by the organization. Receiving report that was prepared by the organization.
Documents:
1.Purchase Order
2.Invoice
3.Packing slip

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MANIKANDAN

  • Jun 19th, 2017
 

PO, RECEIPT & Invoice quantity must match with in the tolerance before corresponding invoice can be paid

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Malik

  • Jul 20th, 2017
 

Three way matching is like matching, invoice PO and the GR...

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