2, 3 & 4 way matching process followed in PeopleSoft.Two-way matching compares vouchers and purchase orders if the Receiving Required option for the purchase order is Do Not Receive or Optional. Thre...
Quantity/Price Ordered should match with Quantity/Price Recieved and Billed is known as Three way match. If the Quantity received and billed is lesser than Qty Ordered is fine to proceed for payment, it should not cross Qty Ordered in any circumstance.
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.