Purchasing: 2– way, 3-way, 4-way matching

Categories: ERP

2– way matching

The process of verifying that purchase order and invoice information
matches within accepted tolerance levels. Oracle Receivables uses the following
criteria to verify two– way matching:
Invoice price <= Order price Quantity billed <= Quantity ordered 3– way matching The process of verifying that purchase order, invoice, and receiving
information matches within accepted tolerance levels. Oracle Receivables uses
the following criteria to verify three– way matching:
Invoice price <= Purchase Order price Quantity billed <= Quantity ordered Quantity billed <= Quantity received 4– way matching The process of verifying that purchase order, invoice, and receiving
information matches within accepted tolerance levels. Oracle Receivables uses
the following criteria to verify four– way matching:
Invoice price <= Order price Quantity billed <= Quantity ordered Quantity billed <= Quantity received Quantity billed <= Quantity accepted

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