Regular invoice vouchers are used to create a record of a supplier’s bill. Creating invoice vouchers creates a business process by which suppliers are paid for parts and services.
Regular invoice vouchers verify that the cost of the invoice lines matches the cost of the associated order lines within a specified range of tolerance. The range of tolerance can be based on an absolute dollar amount or on a percentage, as defined on the Organizations form. Specify Match Tolerance Absolute, Match Tolerance%, and Match Quantity Tolerance % to establish the amount or percentage allowed as the difference between the purchase order-line cost and the invoice voucher line cost when matching line costs. Upon approval of the invoice voucher, the system captures the price, freezes the exchange rate if foreign currencies are used, and updates prices.
Occasionally suppliers’ prices for items vary, causing discrepancies between an invoice voucher and projected costs for that invoice.
Set the MATCHAPP installation parameter to YES to enable the system to automatically
assign the Approved status to vouchers matched by the invoice process. Contact your
system administrator for more information.