TWO_WAY Matching and Voucher Approval

In July 1999 we went Live on PeopleSoft v7.5.  At the time, delivered Match Rule Controls included TWO_WAY and THREE_WAY among others.  Vouchers entered against PO’s referencing the TWO_WAY Match Rule Control were assigned a Voucher Approval Status of Pending at the time of Voucher Save.  It was our policy for the AP Analyst to obtain a manual signature (approval) on these vouchers before Approving them in PeopleSoft.

 

We utilized this feature for all purchases not requiring receipt.  For example; service contracts/blanket orders/repairs as well as any purchase from an entity (BU) that did not utilize a central receiving department. This set-up worked very well.