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

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