Matching Invoices

What are the different ways of matching invoices?

Questions by nuruddins

Showing Answers 1 - 15 of 15 Answers

Upasana

  • Sep 15th, 2011
 

Matching of invoices is by 3 way match:
-tallying with PO
-GRN
-Invoice

  Was this answer useful?  Yes

naveen_bansal205

  • Sep 16th, 2011
 

The following are taken into consideration while matching an invoice:
1Date
2.Name of the party
3.Mode of payment
4.Product description
5.Quantity and
6.Agreed price for the product.

  Was this answer useful?  Yes

Vikas

  • Nov 22nd, 2019
 

Usually we have 3 way and 2 way matching invoices.
3 way matching is : Invoice, GR and PO, we match unit price, quantity, total price e.t.c
2 Way matching: for this we dont have any PO on the invoice, but only the coding details provided on the invoice like GL, CC, Profit Centre, WBS element e..tc. For this type of invoices, there has to be a mandatory signatures or approval on the invoice, to proceed furthur.

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

 

Related Answered Questions

 

Related Open Questions