Two way / Three way Voucher Match

swami

Member
Hi,

Can anyone clarify the difference between a two match & three way match in purchase receipt process.

thanks in advance

swami
 
The 2-way voucher match process verifies that your purchase order details match the invoice from your supplier.

The 3-way voucher match process verifies that your purchase order receipt records match the invoice from your supplier.

With 2-way, you effectively receipt and voucher your purchase order simultaneously.
With 3-way, the receipt and voucher steps are separate. First, you verify that your purchase order details match what you physically receive. Second, you verify that what you receive matches what you are being charged.

ie.
2-way: PO >> Voucher
3-way: PO >> PO Receipt >> Voucher

2-way is suited to non-inventory purchases.
3-way is suited to inventory purchases.
 
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