We want to make sure we are paying the right amount of money to our vendor . We do not want to overpay or underpay. I would like to know how to achieve three way matching in Acumatica.
Answer
Does Acumatica have the inbuilt capability to perform 'Three Way Matching (matching - PO, PO Receipt and Invoice)' ?
Best answer by Laura03
Hello,
Yes Acumatica provides automatic matching between PO, Receipt and Bill: When the PO Receipt and the AP Bill are created directly from the PO, all three documents automatically match.
However, we can’t just accept automatic matching: for accuracy, humans need to check qty received and need to verify the vendor’s invoice is a match to our PO.
NNT has correctly identified the nearest reports that can show you differences. With an hour of your time, you (or your VAR/Partner) could add PO Line Qty/Amount columns, and a condition to the report, to print only where the Quantity/cost columns do not match.
Purchase Accrual Details report can further identify differences between Goods Received and Goods Billed.
Laura
+11Hi
I found these reports but you need to edit the reports using Report Designer to add the PO.
Best Regards,
NNT
I have devoted my time and deep passion to Acumatica! 🌐 https://www.linkedin.com/in/phambaotruong
+19Hello,
Yes Acumatica provides automatic matching between PO, Receipt and Bill: When the PO Receipt and the AP Bill are created directly from the PO, all three documents automatically match.
However, we can’t just accept automatic matching: for accuracy, humans need to check qty received and need to verify the vendor’s invoice is a match to our PO.
NNT has correctly identified the nearest reports that can show you differences. With an hour of your time, you (or your VAR/Partner) could add PO Line Qty/Amount columns, and a condition to the report, to print only where the Quantity/cost columns do not match.
Purchase Accrual Details report can further identify differences between Goods Received and Goods Billed.
Laura
~ Laura Barber, WM Synergy
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