NDS is proud to announce the launch of the NDS Systems Networking Group on LinkedIn. We decided to establish a group on the popular business networking site as a way to bring together users, employees, and others who are in the ERP community.
Feel free to join in on a discussion or start a new one. Discuss the past, present and future of the ERP community, emerging trends and new technologies. Or you can catch up on our latest news and developments under the NEWS tab.
You’re invited to connect with us, and spread the word about our new group. To join the NDS Systems Networking Group, simply click on the following link:
http://www.linkedin.com/groups?gid=2389739&trk=hb_side_g
Three-way matching is a process which ensures that invoices received from vendors are accurate from both a quantity and unit price perspective. Three-way matching is performed during voucher entry by comparing the purchase order quantity received and the purchase order unit cost to the quantity and unit price on the vendor’s invoice.
When a valid NDS purchase order number is referenced in program APVM, users can click the “PO Details” button to view receipts against that purchase order. Each PO line is listed and includes information such as item number and description, total quantity ordered, PO unit cost and quantity previously paid. For ease-of-entry purposes, the total quantity received (but not yet vouched) is the default for quantity invoiced. Both the quantity invoiced and the invoice unit price are set as the defaults, but can be overridden. For purchase orders with multiple receipts, you can select a PO receiver number from a list and zoom to the details of that specific receiver.
For more information on three-way matching, visit our help article.
http://www.ndsapps.com/webhelp/apvm.htm#Three_Way_Match_APVM
