Setting Purchase Matching options

PO matching with Supplier Invoice  is one key activity in Procure to Pay value stream.

The invoice from Supplier needs to be matched to Purchase order before processing the payments and there are  five different areas of Oracle Purchasing to match with invoicing.

The Setup you do at each of the below will be superseding the settings done in the previous one. in other words the settings done in the level 5 will be the first ones referred for matching. If there is not setup done at level 5 than the settings in the level 4 will be considered.

The matching is required to ensure there are no fradulent practices at the time of reconciling and making the payments for the items purchased. There are multiple ways of matching in the form of 2-way, 3-way and 4- way matching. As per the statistics, most of the organizations preferred the 3-Way matching.