If the Invoice unit price and PO unit price is varies is known as price Variance. however users can post invoices if the variance is within threshold of 5% or $50, whichever is lower.
One way to do this check with vendor if they can give us refund and provide a credit memo. If the supplier agrees for refund and gives credit memo. AP team has to process a credit against expense cod...
vs
Apr 30th, 2015
Vendor paid excess; so we refunded him back; how to adjust this in books
Invoice is commercial document issued by vendor to the account payable team of the buyer demanding payment for the goods services delivered
Invoice Details : invoice date, Invoice number,, PO numbe...
Amrit
Oct 4th, 2018
A invoice is a commercial document which is raised by seller to buyer. Basically this word invoice is used for request for payment from seller to buyer, not immediate payment.
Ord # 112-3180029-6582614 Invoice says $54.29 but Shipment Total on Track Package page says $73.47. The discrepancy is the Gift Card Amount that was applied. I just need to know that $54.29 is the amount charged to my card please.
The vendor has raised double bill against a single purchase order/work order with different dates but with similar bill no , which i traced with the help of tally data.