What is 2 way and 3 way match

Question

Accepted Answer

2 way match is a comparison of the invoice and the purchase order, while 3 way match involves comparing the invoice, purchase order, and the receiving report.

2 way match compares the invoice and the purchase order to ensure they match in terms of quantity, price, and terms.
3 way match adds an additional step of comparing the invoice, purchase order, and the receiving report to ensure all three documents align.
The purpose of these matches is to prevent errors, fraud, and discrepancies in the payment process.
For example, in a 2 way match, if the invoice quantity is higher than the purchase order quantity, it may indicate an error or unauthorized addition.
In a 3 way match, if the receiving report shows a different quantity than the invoice and purchase order, it may indicate a discrepancy or potential fraud.

Accepted Answer

Three-way matching is an accounts payable process that checks that the details on a purchase order, the supplier's invoice and the delivery receipt match before an invoice is paid. Two-way matching checks only the details of the supplier's invoice against the details of the purchase order.

Accepted Answer

Two way and 3way switch use multiple electric warring these are in one time three circuit control

Accepted Answer

Two way switch use twins electric warring this is in one time two circuit control

What is 2 way and 3 way match

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