Big4Guy
Big4GuyWelcome to Big4Guy.com. Big4Guy is an online resource where I will share with you the latest news, insights, knowledge and some experiences as a Big 4 consultant. We will discuss some of the important issues which organisations are facing today in the areas of information security, security and controls in SAP R/3, Oracle Applications, J.D.Edwards, Peoplesoft and various other ERP's. You will also find information on latest complaince regulations like Sarbanes Oxley, Basel II and so on. Big4guy will also attempt to provide valuable resources for individuals interested in examinations the CISA, CISM, CISSP, PMP and various other security certifications considered essential for entry in any Big 4 accounting, auditing and consulting firms. You are invited to post your comments and viewpoints to posts here. I sincerely hope this online journal will be useful to everyone from a budding student to a professional in the accounting, auditing, management and consultancy professions.
|
Post details: 3 Three Way Invoice Matching Concept in ERPs SAP Oracle
06/26/06
3 Three Way Invoice Matching Concept in ERPs SAP Oracle
Three way invoice matching is an important control feature in most ERPs. SAP and Oracle the two most popular ERPs have this feature which acts as an internal control in the purchase-to-pay business cycle. I would like to remind my readers that a 3 way match involves matching the invoice to a purchase order with a receiving report.
Both in SAP and Oracle Applications, in case a three 3 way match is enabled, user receives prompt / hold in case he tries to enter an invoice where no receiving report has been entered. In case one wants to enable 3 way matching, it has to be done at the time of set-up of purchase order. As an example, I have given the screenshot in Oracle Applications, where 3 way invoice matching can be set-up. The menu path to configure three way invoice matching is given below.
Oracle Payables >> N >> Invoices >> Entry >> Invoice Batches >> Enter Transaction Events
Related Posts
Sequential Numbering in Oracle Payables 11i
Oracle GL - Concept of Dynamic Insertion
Oracle Payables - Journal Approval Process
Oracle GL Setup - Defining Summary Accounts
Comments:
No Comments for this post yet...
Categories
Archives
Search
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
| << < | > >> | |||||
| 1 | ||||||
| 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| 9 | 10 | 11 | 12 | 13 | 14 | 15 |
| 16 | 17 | 18 | 19 | 20 | 21 | 22 |
| 23 | 24 | 25 | 26 | 27 | 28 | 29 |
| 30 | ||||||
Misc
All content copyright © 2005-2008
Big4Guy.com
Do not reproduce either in part or full without the express permission of the
Webmaster
