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You won't be able to setup multuiple tolerances in the purchasing options, however you may change the tolerance for each purchase orders separately.
Thank you for the feedback! Do you know if a 95% close tolerance will work for both a 2 & 3 way match or will all of the 2 way matches need to be adjusted to 100% on the PO shipment? Still working on testing this out- REALLY appreciate your help. Thanks so much.
2-way definitely 100%, as you are not going to create receipt for those.
3-way, you can make 95%, so that if you receive 95 out of 100 quantity of a PO shipment the shipment/line will close.