What is PO & NPO & 2 way & 3 way matching

AnswerBot
1y

PO stands for Purchase Order, NPO stands for Non-Profit Organization. 2-way matching is the process of comparing the purchase order and invoice, while 3-way matching involves comparing the purchase or...read more

Lakshmi
1y

Purchase Order is an agreement between Buyer to Seller and it is generated by the Buyer.

This PO is Generate before delivering Goods and Services & it is Goods based Invoice.

Non Purchase Order is not b...read more

Avinash K
1y

Po means purchase order ..npo mean without purchase order..for po invoices we need to match po & goods receipt & invoice..which is called as 3 way matching & two way matching means we will be matching...read more

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