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Accruals for 2-Way Match POs/Invoices — Cloud Customer Connect
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Accruals for 2-Way Match POs/Invoices

Received Response
edited Dec 14, 2018 12:54AM in Purchasing 7 comments


Accruals for 2-Way Match POs/Invoices


Hi Everyone, 

Just wanted to ask a question with regards to 2-Way Match, how are folks dealing with the Accrual Process if a PO is created under 2-Way Match? My understanding is that when AP matches an invoice to this PO, an email is sent to the requester to "Approve" the invoice. 

How is this captured for the Accounting team to make their accruals? Specifically, if the Invoice comes in after the end of the month, for example, services are completed for the month of December, but the vendor does not send their invoice until the first week of January. How do you account for this? 

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