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What is meant by matching and what are the types of
matchings available?

Answers were Sorted based on User's Feedback



What is meant by matching and what are the types of matchings available?..

Answer / shantanu

There are three types of Matching
a. 2–way matching: The process of verifying that purchase
order and invoice information matches within accepted
tolerance levels. Payables uses the following criteria to
verify two–way matching:
i. Invoice price <= Order price
ii. Quantity billed <= Quantity ordered
b. 3–way matching The process of verifying that purchase
order, invoice, and receiving information matches within
accepted tolerance levels. Payables uses the following
criteria to verify three–way matching:
i. Invoice price <= Purchase Order price
ii. Quantity billed <= Quantity ordered
iii. Quantity billed <= Quantity received
c. 4–way matching The process of verifying that purchase
order, invoice, and receiving information matches within
accepted tolerance levels. Payables uses the following
criteria to verify four–way matching:
i. Invoice price <= Order price
ii. Quantity billed <= Quantity ordered
iii. Quantity billed <= Quantity received
iv. Quantity billed <= Quantity accepted

Is This Answer Correct ?    2 Yes 0 No

What is meant by matching and what are the types of matchings available?..

Answer / kranthioracle

2 way matching

when u match purchase order or reciept, during invoice
validation, it will check the 2 conditions

1. Quantity billed <= Quantity ordered
2. Invoice price <= Purchase order price

while raising po (we mention the quantity & po price)
(5) (5) =25
the system will check the invoice quantity & invoice price)
(5) (5) =25


3 way matching
--------------
1.Quantity billed <= Quantity ordered (5) =(5) quantity
2.invoice price <= Purchase order price (5)=(5) price
3.Quantity billed <= Quantity received (5)= (4) quantity


4 way matching
--------------
1.Quantity billed <= Quantity ordered
2.invoice price <= Purchase order price
3.Quantity billed <= Quantity received (5)= (4)
4.Quantity billed <= Quantity accepted (5)= (3)

it checks all the condition , system will accept all these
conditions if it is with in tolerance, or else it will hold

Is This Answer Correct ?    3 Yes 1 No

What is meant by matching and what are the types of matchings available?..

Answer / mallikharjunareddy

there are 3 types of matching. such as..

1.2-way(po+invoice).


2.3-way(po+invoice+receipt)


3.4-way(po+invoice+receipt+inspection).

Is This Answer Correct ?    0 Yes 0 No

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