PO Invoice matching policy

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Hi friends,

I want to know how the Invoice matching policy is working when invoicing PO. Also where they are checking this policy(Class)

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Omar Dimech 2 on at

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Hi

PO invoice matching relates to matching vendor invoice, purchase order, and product receipt. Differences among these documents create matching discrepancies intiating the requirement to approve these matching discrepancies (in case the tollerance is exceeded)

For example, you enter a purchase order with one line item for 10 laptops at a price of 300.00 each. The purchase order is approved and submitted to the vendor. The vendor ships 10 laptops, and you enter a GRN / product receipt for 10 batteries at the PO price of 300.00 each.

An invoice arrives for 10 laptops at a price of 330 each creating a matching discrepancy. When you enter the invoice details, a price matching discrepancy is identified and you can save the invoice until the discrepancy is resolved.

You can use the following types of Accounts payable invoice matching:

• Invoice totals matching – Match Invoice total to the PO total.

• Two-way matching – Match invoice price invoice to the PO price.

• Three-way matching – Match Invoice price to the purchase order price as well as match the GRN quantity to the invoice quantity

• Charges matching – Match the invoice charges (amounts) to the PO charges (amounts).

You can setup an overriding option, ie on the purchase order lines you can switch between matching policies if you configure AX as such

Refer to this link for help with setup : technet.microsoft.com/.../gg243265.aspx

Trust this helps

Omar

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inadir 400 on at

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What are the right steps to take in order to set up 2-way matching for Service PO. Currently all our PO are set up for 3-way matching ?

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Community Member on at

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"What are the right steps to take in order to set up 2-way matching for Service PO. Currently all our PO are set up for 3-way matching ?"

I am also looking for an answer for this.

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