Understanding three-way match
Match purchase order, goods receipt, and bill to catch over-billing and quantity variances.
What gets matched
Three-way match compares the purchase order (what you ordered), the goods receipt (what you received), and the bill (what you were invoiced). When the three agree, the bill matches cleanly; when they differ, the bill is flagged with a variance for review.
- Quantity variance — billed more than received.
- Price variance — billed at a different unit price than ordered.