2 way and 3 way, what is the credit memo, what do u have to observe into before of the posting invoice posting.

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Explaining 2 way and 3 way, credit memo and observations before posting an invoice.

2 way matching involves matching the invoice with the purchase order
3 way matching involves matching the invoice with the purchase order and the receiving report
Credit memo is a document issued by the seller to the buyer, indicating a reduction in the amount due to the buyer
Before posting an invoice, one should ensure that the invoice is accurate, the goods or services have been received and accepted, and the prices and terms are correct