What is the invoice matching?
Submitted by: AdministratorInvoice Matching is nothing but matching invoices with respect to purchase orders. purchase orders have three types of matching options. 1. Two way matching 2. Three way matching
3. Three way matching. If you are good at backend tables, observe po_line_locations_all Table, we have two columns called inspection_required and Receipt required. if both are flagged 'Y' then invoice is 4 way match to PO i.e, while creating receipt manual inspection of goods is required. in other words we need to enter quantity manually in receipts and creation of receipt is mandatory in this process. In 3 way Match Approval Option receipt required is Y and Inspection required is N Here inspection of goods received is not mandatory. In two way Match approval Both flags are 'N' in this case receipt creation is not necessary to pay for the purchase order.
Submitted by: Administrator
3. Three way matching. If you are good at backend tables, observe po_line_locations_all Table, we have two columns called inspection_required and Receipt required. if both are flagged 'Y' then invoice is 4 way match to PO i.e, while creating receipt manual inspection of goods is required. in other words we need to enter quantity manually in receipts and creation of receipt is mandatory in this process. In 3 way Match Approval Option receipt required is Y and Inspection required is N Here inspection of goods received is not mandatory. In two way Match approval Both flags are 'N' in this case receipt creation is not necessary to pay for the purchase order.
Submitted by: Administrator
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