Supplier Invoices
For items that you purchase for use in manufacturing, the starting point is the purchase order. The purchase order is a contract that confirms your intent to buy. It lists items, quantities, and prices, along with any related charges such as taxes and freight.
On receipt, your receiving department issues a receiver to confirm the received items and quantities against the purchase order.
When you then receive a supplier invoice, you create a version of the invoice in your system, and then process the invoice in one of two ways:
• Use receiver matching to match the invoice quantities against the original amounts on the purchase order.
• Use financial matching to allocate the invoice amount to accounts.
Receiver Matching and Financial Matching
