The purchase order to vendor invoice can be simple if you desire. This video shows a simple process to create purchase orders, receive items from a purchase order, and then match the vendors invoice to the PO/Receipt.
Views: 71140 Microsoft Dynamics at Armanino
Purchase order definition including break down of areas in the definition. Analyzing the definition of key term often provides more insight about concepts. Purchase order can be defined as: Document used by the purchasing department to place an order with a seller (vendor). Purchase order is the document used to let the vendor know what item and how many items a business would like to order. The purchase order does not have a related journal entry because not inventory has been received and not payment has been made at the time of the purchase order. One we receive the goods we will match what we received to the purchase order and record inventory at this time. Why Learn Accounting - Financial Accounting / Managerial Accounting https://youtu.be/uaWDB1YdA1k?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 101 Double Entry Accounting System Explained - Accounting Equation https://youtu.be/66e9QbrkE4g?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 101 Cash vs Accrual - Cash Method / Accrual method differenc https://youtu.be/i2O0cexCrqc?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 101 Revenue Recognition Principle https://youtu.be/M_pauBGz5Jc?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI Double Entry Accounting System Explained - Balance Sheet https://youtu.be/kOItl8E3fNA?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 101 Income Statement Introduction https://youtu.be/1k11H8icQxc?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 101 Accounting Objectives - Relevance Reliability Comparability https://youtu.be/mO8tPzFmN8o?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 101 Transaction Rules - Accounting Equation https://youtu.be/0vy6W_WTO2I?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 101 Transaction Throught Process / Steps - Accounting Equation https://youtu.be/SlTo3EXDuqU?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 101 Owner Deposits Cash Transaction Accounting Equation https://youtu.be/lPZoImc88eU?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 101 Work Completed for Cash Transaction Accounting Equation https://youtu.be/ll5xIHVdrVs?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 100.110 Pay Employee with Cash Transaction Accounting Equati https://youtu.be/bSa3NuVpkwc?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 200 Debits & Credits Normal Balance - Double Entry Accounting Sy https://youtu.be/alSWKuWPlxU?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI 200 Debits & Credits - One Rule to Rule Them All https://youtu.be/RL3BFjL1eyE?list=PL60SIT917rv52SlrB3FFn2WMyZEkj6uBI
Views: 11999 Accounting Instruction, Help, & How To
How does Purchase Order matching to invoices work? A Purchase Order is an official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services. For auditing and compliance purposes, as well as Accounts Payable process efficiency and expense control, a Purchase Order system is highly recommended for companies that have reached a certain volume of purchase transactions and business complexity. In a two-way matching system, an invoice is matched to a corresponding purchase order, by checking that things like price, quantity, terms, discount, and freight charges are in agreement between the two documents. If so, there is a match, and the invoice can be approved for payment. If there is no match, the Accounts Payable department would check with the supplier and/or requestor of the purchase order. Sometimes companies set an acceptable tolerance for discrepancies. In a three-way matching system, an invoice is matched to both the purchase order as well as to receiving information, for the same items. This is a higher level of control than a mere two-way match. If there is a match, then the invoice can be approved for payment. In a four-way matching system, the strictest form of control, an invoice is matched not only to the purchase order and the receiving information, but also to inspection information. If there is a match, then the invoice can be approved for payment. Philip de Vroe (The Finance Storyteller) aims to make strategy, finance and leadership enjoyable and easier to understand. Learn the business and #accounting vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better stock market investing decisions. Philip delivers #financetraining in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!
Views: 202 The Finance Storyteller
Hector Garcia CPA ([email protected]) presents typical workflows in QuickBooks Purchase Orders, Item Receipts, and Bills
Views: 36102 Hector Garcia CPA
Course Name = R12i Oracle Payables Fundamentals Course Link = http://aclnz.com/guruPrograms/6-fin/10-r12iap/view/758?task=view Instructor = Kabeer Khan, ex-Oracle, New Zealand Website = http://www.aclnz.com Oracle Certification: This course helps to prepare for following Oracle Certification: -- Exam Number: 1Z0-215 -- Exam Name: Oracle EBS R12: General Ledger and Payables Fundamentals Oracle E-Business Suite Training Oracle EBS Training
Views: 19503 aclnz
Ask Mark is an advice column for illustrators, graphic artists and other creative professionals. This episode covers the simple differences between a purchase order number and an invoice number. It also provides a quick tip on how you can structure your invoice number. Mark Monlux answers questions on copyright, contract and standard business practices.
Views: 3064 Mark Monlux
In this tutorial i am going to teach you how to create purchase order in microsoft excel. Company send purchase order to the supplier / vendor for purchase items then supplier / vendor send items with invoice to the company. Excel Tips (How to Create PO / Purchase Order) Excel Topics: ---------------------- Excel Tips (Formula Auditing in Excel) Excel Tips (Remove Duplicates in Excel) Excel Tips (Subtotal Option in Excel) Excel Tips (Sumif Function in Excel) Excel Tips (Sort & Filter Options in Excel) Excel Tips (Alignment Techniques in Excel) Excel Tips (Countif Function in Excel) Excel Tips (Filter Option in Excel) Excel Tips (Conditional Formatting in Excel) Excel Tips (Freeze Panes in Excel) Excel Tips (Transpose Data Row to Column in Excel) Excel tips (Create a Hyperlink in Excel) Excel Tips (Create a chart in Excel) Excel Tips (Convert Text into Columns in Excel) Excel Tips (Quickly Insert Formula in Excel) Excel Tips (How to Calculate Running Total in Excel) Excel Tips (How to Create PO / Purchase Order in Excel) Excel Tips (Top 10 Excel Shortcuts (You Might Be Don't Know)) Excel Tips (How to Create Hyperlink in Excel) Excel Tips (How to Create Drop Down List and Dependent Drop Down List in Excel) Excel Tips (How to use PV (Present Value Function) in Excel) Excel Tips (How to use FV (Future Value Function Part2) in Excel) Excel Tips (How to use FV (Future Value Function Part1) in Excel) Excel Tips (How to Use PMT Function in Excel) Excel Tips (How to Create Drop Down List and Dependent Drop Down List in Excel) Excel Tips (How to Use Advanced Filter in Excel) Excel Tips (How to Create Pivot Chart in Excel) Excel Tips (How to create Pivot Table in Excel) Excel Tips (TOP 5 Quick Excel Tips and Tricks (You Might Be Don't Know)) Excel Tips (Top 10 Excel Tips and Tricks (You Might Be Don't Know)) Excel Tips (How to Create Check Register in Excel) Excel Tips (How to Create INVOICE in Excel) Excel Tips (VLOOKUP WITH MATCH in Microsoft Excel [Part 4]) Excel Tips (VLOOKUP WITH MATCH in Microsoft Excel [Part 3]) Excel Tips (VLOOKUP WITH COLUMNS in Microsoft Excel [Part 2]) Excel Tips (Simple VLOOKUP Function in Microsoft Excel [Part 1]) Excel Tips (How to use SUMIFS Function in Microsoft Excel) Excel Tips (How to use COUNTIFS Function in Microsoft Excel) Excel Tips (How to Use COUNT, COUNTA, COUNTBLANK in Microsoft Excel) Excel Tips (Create INVENTORY SYSTEM in Microsoft Excel (Using Vlookup and Sumif) in Excel) Excel Tips (Join Columns with & in Microsoft Excel) Excel Tips (How to Change Case of Text (Upper, Lower and Proper Case) in Microsoft Excel) Excel Tips (How to Create SPARKLINES in Microsoft Excel) Excel Tips (How to Create SO (Sales Order) in Microsoft Excel) Excel Tips (How to Create PO (Purchase Order) in Microsoft Excel) Excel Tips (How to Create Balance Sheet in Microsoft Excel) Excel Tips (How to Create Income Statement / Profit and Loss Account in Microsoft Excel) Excel Tips (Marksheet (Use of Sort and Filter) in Microsoft Excel) Excel Tips (How to Use Text To Columns in Microsoft Excel) Excel Tips (Attendance Sheet (Use of Countif Function in Microsoft #Excel)) Excel Tips (Attendance Sheet (Use of Conditional Formatting) in Microsoft #Excel)) Excel Tips (Attendance Sheet (Alignment Techniques in #Microsoft Excel)) Excel Tips (How to Use Freeze Panes in Microsoft #Excel) Excel Tips (How to Transpose Data From Rows to Columns in Microsoft #Excel) Excel Tips (How to Insert Quick Formula in Microsoft #Excel) Excel Tips (How to Create Payroll System / Salary Sheet in Microsoft Excel) Excel Tips (How to use SUMPRODUCT in Microsoft Excel) Excel Tips (How to Create Marksheet with Calculation in Microsoft Excel) Excel Tips (How to Create Pie Chart in Microsoft Excel) Excel Tips (How to Create Invoice in Microsoft Excel) Excel Tips (Difference Between COUNT & COUNTIF in Excel) Excel Tips (Difference Between SUM and SUMIF in MS Excel) Excel Tips (How to Make a Home Budget in Excel) Excel Tips (How to use Column Charts in Excel) Excel Tips (How to Use Line Charts in Excel) Excel Tips (How to use Built in Functions in Excel) Excel Tips (How to Calculate Running Total in Excel) Excel Tips (How to Use VLOOKUP Function in Excel) Excel Tips (How to Use Data Filter in Excel) Virtual Office Training Virtual Office Training provides basic and advanced level computer, internet, commerce, mobile technology related education for free. For More Interesting updates like Facebook Page And Subscribe My Channel on YouTube. Facebook Page : https://www.facebook.com/Virtual-Office-Training-267325770007332/ YouTube Channel : https://www.youtube.com/user/virtualofficetrain Don't Forget to Like, Comment, Share and Subscribe to My Channel
Views: 48790 virtualofficetrain
http://www.palettesoftware.com/us/solutions/3-way-match/ 2 or 3 Way PO Matching Automation Most companies do some form of matching of vendor invoices to purchase orders and/or goods receipts. This is called a two or three way match. The process can require a great deal of manual effort, particularly if the invoiced items have to be matched at the line level. Once an invoice is entered into an ERP it is assigned a “match/no match” status. If for any reason there are price differences or problems with the goods receipt, the invoice cannot be processed by the ERP. Users or knowledge workers typically have to cancel the transaction, and then perform time-consuming manual work to clear the exception. ERPs do not have an automated way of handling these exceptions. That’s where Intelligent 3 Way Match can make a difference—especially when exceptions occur! Intelligent 3 Way Match Handles Two or Three Way Matching, Non-POs and Exceptions. Here’s how it works: Paper and emailed invoices are intelligently scanned, and their data fields captured. The technology recognizes each invoice by vendor and collects all of the essential information, regardless if the format is regular paper, PDF, XML, Word documents, or otherwise. Purchase Order data is generated within the ERP, an external requisitioning system, or a blend of both. Goods receipts are imported if they are already entered into the ERP, or users register them electronically in order to process them. All of this information is visible in one intuitive, user-friendly dashboard that features Intelligent 3 Way Match. For a 2 way match, incoming invoices are automatically matched to a Purchase Order. For a 3 way match, incoming Invoices are automatically matched to the purchase order and Goods Receipt. For Recurring Invoices, the invoice is automatically matched to a contract. In most companies accounts payable staff do not have the data or knowledge of the purchase to be able to clear an exception. This is where the manual process slows things down. Whereas the AP staff member might not have the information at hand, Intelligent 3 Way Match isolates the problem that is preventing a proper match. For Non-PO invoices or where there is missing information, the invoice is sent to an approver. For exceptions where there is no matching of amounts on any of these documents, the invoice is sent as a file to the proper person. Once delivered, the recipient views the file of information which includes an invoice image, a copy of the PO, the goods receipt information, and a description of the error. When the knowledge worker is done, they can return the corrected invoice file through the dashboard back to the matching engine, clearing the exception. Intelligent 3 Way PO Matching is a shared central dashboard on desktop and mobile that shortens the payment cycle and increases staff productivity. Seamless integration with popular ERPs. See the link below for more information on Intelligent 3 Way PO Matching.
Views: 2848 Palette North America
The document that defines the quantity of products and services being sold are purchase orders. An invoice is a document issued by a seller to the buyer indicating items sold, prices, date of shipment, delivery and payment terms. Both the purchase order and invoice are business documents for business transactions. The difference between the purchase order and invoice are worth mentioning. The purchase order is prepared by the buyer while the seller makes the payments to be received. The purchase order lists on the quantity while the invoice has its own price of goods or services along the terms and conditions and due date. The importance of purchase orders shows instant visibility of incoming stock, its due turn up and how much it is coming. The invoice processes indicate the amount of money the buyer owes to a seller. Both purchase orders and invoice have the same details except the technical mention for records.
Views: 6033 Invoicera
✪✪✪✪✪ WORK FROM HOME! Looking for WORKERS for simple Internet data entry JOBS. $15-20 per hour. SIGN UP here - http://jobs.theaudiopedia.com ✪✪✪✪✪ What is INVOICE PROCESSING? What does INVOICE PROCESSING mean? INVOICE PROCESSING meaning - INVOICE PROCESSING definition - INVOICE PROCESSING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Invoice processing involves the handling of incoming invoices from arrival to post. Invoices have many variations and types. In general, invoices are grouped into two types: 1. Invoices associated with a request or purchase order 2. Invoices that do not have an associated request (no purchase order). Most organizations have clear instructions regarding processing incoming invoices. Different sets of instructions are commonly found in most organizations regarding the handling of purchase order invoices or non-purchase order invoices. The main department that processes invoices is known as accounts payable department. The process involving a supplier invoice is also known as purchase-to-pay. A typical process involving paying a supplier invoice begins at the arrival of invoice at the door of the organization regardless of the methods of arrival such as via email, postal mail, facsimile, etc. Once the invoice arrives, the accounts payable clerk must ensure that the document is indeed an invoice. Then the clerk classifies and sorts the invoice into various categories. The definition of various categories is not always the same across different organizations but is normally defined by each organization. Once its category defined, the invoice is forwarded to the responsible person for that particular invoice. This is normally the person who has placed that order. If there has been a purchase order involved when placing that order, the invoice must then be matched against the purchase order to ensure that the amount invoiced is correctly stated on the invoice. If the amount is right and the goods have arrived, the responsible person will have to approve the invoice by signing off on it. If the amount invoiced exceeds a certain amount that is limited by the organization, the superior of that person may have to approve the invoice as well. This, of course, differs from organization to organization. Once the invoice has been approved and there have been no variances, the invoice is posted into the accounting system. A manual invoice process can sometimes exceeds 15 steps before the final posting is done. Technology has long enabled the automation of invoice processing from arrival to post. This means that at arrival of the invoice, the same accounts payable clerk will only need to scan the invoice into an automation software. The automation software then converts the invoice's scanned image into a text researchable document. The different fields on an invoice can also be defined into the software so that it remembers which fields it should capture and register into the ERP systems, for instance, the amount purchase, the quantity, the supplier name, the supplier code, and so on. The benefits of an automatic processing work flow may include reduced human error, on-demand reports, and data resilience. Automated invoice processing solution vendors include Oracle AP Solutions, Basware, Tipalti, Palette Software, IQ software, Smarty Software, Itesoft, docSTAR, Top Image Systems, Kofax, Artsyl Technologies, ABBYY, CharacTell, iPayables, Transcepta, Automation Centre, Compello, Tradeshift, Ariba, Hyland Software, Open Text, Perceptive Software, ARDEM, Esker and ReadSoft. Most automation software today integrates into common organizational ERP systems such as those offered by Dajon Data Management SAP, and Microsoft.
Views: 20475 The Audiopedia
In this video learn how Xero automatically notifies you if there are unallocated purchase orders when you are enter a bill from a supplier. In one click copy the line by line items from the order to the bill and mark the order as billed. To learn more see our help article on Purchase Orders: http://help.xero.com/#PurchaseOrders Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup Like us on Facebook: http://www.facebook.com/xero.accounting/ Follow us on Instagram: https://www.instagram.com/xero/ Follow us on Twitter: http://www.twitter.com/xero Follow us on LinkedIn: http://www.linkedin.com/company/xero Subscribe to our Youtube Channel here: https://www.youtube.com/user/XeroOnlineAccounting
Views: 10395 Xero Accounting Software
In this tutorial. you will learn how to create transactions like Purchase Order, Purchase Receipt, Purchase Invoice and Payment Entry in ERPNext.
Views: 5438 ERPNext
For a small business, sometimes placing an order can be as simple as calling your supplier and requesting goods or services. But as your business grows, the need to manage ordering will grow to. Purchase orders in Xero accounting software helps put you in control of purchasing from your suppliers -- so you both know exactly what's been ordered, the agreed cost, and when and where it should be delivered. Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup Like us on Facebook: http://www.facebook.com/xero.accounting/ Follow us on Instagram: https://www.instagram.com/xero/ Follow us on Twitter: http://www.twitter.com/xero Follow us on LinkedIn: http://www.linkedin.com/company/xero Subscribe to our Youtube Channel here: https://www.youtube.com/user/XeroOnlineAccounting
Views: 12256 Xero Accounting Software
UFC's offering of ABBYY FlexiCapture for Invoices can perform a two-way match out-of-the-box. Matching is a concept that is very familiar to people in the accounting field and especially those involved in the processing of accounts payable (AP) invoices. The two way match is at the most basic level a correspondence between the details on the invoice and the purchase order that requisitioned the product or service. During this matching process the accounts payable analyst will verify their business rules for the following: (1) The price of each line item on the invoice is less than or equal to the line item values on the purchase order, and (2) Verify that the total invoice price is less than or equal to that listed on the purchase order. Thank you for watching our video! To find out more about UFC, Inc and the ABBYY FlexiCapture software please visit our website https://www.ufcinc.com/
Views: 1952 User Friendly Consulting, Inc
Columbus' Invoice Workflow for Microsoft Dynamics AX enables you to save time and reduce admin costs, implement invoicing best practices that fit your business, increase efficiency and accuracy, accelerate invoice processing. In this video we'll show you how you can import and match purchase order invoices using Columbus' Invoice Workflow.
Views: 232 Columbus US
SAP Midmarket Faststart Business All-in-One CSI SME SMB Affordable software ERP business sap BusinessOne erp Software solutions small midsize hosted CRM Myth-busting on-demand computing process platform Customer Testimonial Partners Complex Complicated Uncomplicated Install Ease of use Global By Design technology
Views: 4463 CSISAP
Many companies today are incorporating the use of purchase orders (POs) in the Purchase-to-Pay process. The benefits of POs are clear - improved control, clear visibility into the purchasing process, improved accuracy, and improved vendor relationships. However, the use of POs creates new challenges within the Accounts Payable (AP) process instead of using Microsoft Dynamics GP alone. Watch this recorded webinar to learn more about how to streamline processing all your invoices through one system. In this webinar we discuss: -What role does integrating an accounts payable automation solution fit with PO process -How to take the pain out of ensuring PO matching and Invoice-to-PO reconciliation -An overview of automated PO match using Microsoft Dynamics GP and MineralTree
Views: 148 MSDynamicsWorld
See how to Match three lists using 2 VLOOKUP functions and the AND function. Matching the accounting documents PO, Receiving documents and the Invoice. Is item in list? Compare two three tables.
Views: 13854 ExcelIsFun
Oracle EBS Training : How to PO Matching to Invoice in Oracle EBS : Payables Module
Views: 103 Oracle EBS
http://www.mygpcloud.com Entering vendor invoices in Dynamics GP. The purchase order processing module allows you to implement a 2-way matching process or a 3-way matching process for PO receipts. In a 3-way match, you receive from the PO when the PO items are received. And then you match the vendor's invoice to the receipt when that comes in. This video shows this process in action.
Views: 5163 RoseASP
Quick walk-through of purchasing, receiving, and invoice payment. This series provides a quick overview of the most basic functions in IBM Maximo. If you do not have time, only watch those videos marked as *core* as they cover the absolute basic/core functionality. The whole series is about 3 hours in length. To get a more hands-on experience, you can follow along with the tutorials by using IBM Maximo preview site at: https://www-01.ibm.com/support/docview.wss?uid=swg21697301 If you like to learn about more advanced topics, subscribe to this channel or visit my blog at http://vietmaximo.blogspot.com
Views: 362 Viet Tran
Automated Purchase Order (PO) matching is a feature in MineralTree Invoice-to-Pay that streamlines the process of reconciling invoices to the appropriate purchase orders with a groundbreaking matching algorithm. Upon receiving an invoice, Mineraltree now extracts invoice data, and automatically compares the invoice line items with PO data that is synced from your accounting system. When corresponding PO data is found, MineralTree’s software evaluates whether the lines match or not, and flags any disagreement.
Views: 289 MineralTree
The video explains the purchase order process in Sage 50 Accounts Professional. Register for a free live Sage webinar https://my.sage.co.uk/public/help.aspx#/customer/support/webinars/category Sage Help Centre https://my.sage.co.uk/public/help.aspx#/customer/support/accounts
Views: 15245 Sage customer support and training
Oracle R12 Financials Online Training for Beginners Contact us: USA Number: +1 646 491-6833, India Numbers: +91-88860 96632, 96661 83940 http://www.erptree.com/ Mail: [email protected]
Views: 11631 Laxman ERPTREE Trainings
The invoice control function allows the accounts payable department to match the supplier invoice against the respective purchase receipt (PO). There are control features and matching parameters to ensure that you don't overpay for your goods and services.
Views: 4593 Kevin Coulter
https://www.covalentworks.com/edi-850-specification/ - Easy EDI Services and Implementation with CovalentWorks EDI Solutions. View our video on The Life Cycle of an 850 Purchase Order and Invoice . CovalentWorks makes "EDI as easy as email." It is easy to use, offers fast performance, saves you time and delivers industry leading features. Go now to http://www.covalentworks.com/ for more details.
Views: 19840 edisolution
How can you automate the invoice processes for SAP? In this video we show you the workflow process for paper based invoices with reference to purchase order. Put a barcode label on the first page of the invoice; scan the invoice with our application biz²Scanner (inPuncto Scan Software for SAP). After scanning you can control and if necessary edit the invoice scan directly. In the background the complete stack of the invoices was transferred to the biz²ScanServer (inPuncto server-based application for the processing of the incoming mail and the processing of documents). The biz²ScanServer gets the complete stack, analyses the barcodes, separate the documents and read out the content with OCR-engine. The biz²ScanServer compared the data with the master data in the SAP system and starts individual SAP invoice workflows. Entitled users can now check the different invoice workflows. The inPuncto workflow tool biz²DocumentControl starts automatically. This is a SAP-AddOn workflow tool for validation and release of invoices. Depending on whether it is a SAP user, a temporary user or a non-SAP user, the participants in process can start the workflow tool in different ways: in SAP via cockpit or business workplace or outside via web or e-mail, even via e-mail without internet connection, e.g. on airplane or train. Lately, when all relevant validations and invoice releases are done, the SAP booking transaction will be filled automatically from the workflow container - e.g. FB60, MIRO etc. http://goo.gl/7Abp9h ____ If you enjoyed watching this video, give us a „THUMB UP“ or leave a comment below! Do not forget to SUBSCRIBE to our channel, so you will never miss a video in the future: http://goo.gl/gX1jFi We develop additional solutions for SAP in the range of the document management resp. Enterprise Content Management (ECM). Over 100.000 convinced users trust inPuncto. Benefit too from our experience and become a part of the joint success. Contact us today and fix a date for your FREE webinar! contact[at]inpuncto.com Tel. USA: +1 (415) 627 9124 Tel. Germany: +49 (0) 711 66 188 500 You will find more about inPuncto Corp. and our add-on software on our website: http://www.inpuncto.com/en/ SAP® is a registered trademark of SAP AG. Microsoft® is a registered trademark of Microsoft Inc. FOLLOW US ON: ►Twitter https://goo.gl/gXc3Mf ►Facebook https://goo.gl/9XWg5U ►Google+ https://goo.gl/VTpes9 ►XING https://goo.gl/ggBhSg ►LinkedIn https://goo.gl/hdo3QQ ►SlideShare https://goo.gl/fneP69
Views: 7406 inPuncto GmbH
Requirement: Account Payables (AP) clerk needs instant access to a specific purchase order (PO) attachment type. Solution: 1. Create a custom object to retrieve URL address 2. Create form personalization at line level as same AP invoice may be matched to multiple POs 3. Test steps: • Find a PO match to Invoice • Add an attachment to PO • Go to invoice line level and click on PO number field To download the package go to https://oracle-ebs-hands-on.blogspot.com More Oracle e-Business Suite tips on http://oracle-ebs-hands-on.blogspot.com
Views: 2532 Oracle EBS Hands-On
https://www.roseasp.com/hosted-dynamics/microsoft-dynamics-hosted-great-plains/ This video shows how to enter purchase orders, enter purchase receipts, and enter vendor's invoices and match them to receipts. This helps you control your purchasing process by providing purchase authorization and a 2-way or 3-way matching process for receipts/invoices.
Views: 30081 RoseASP
Jeff is responsible for the management of received invoices in his company. This task has always taken up a lot of time, personnel and economic resources. Jeff spends too much time on the telephone with providers answering why their invoices haven't been paid, asking for duplicate copies, solving incidents and recording invoices. As it is a manual process which involves many different people, errors are committed, making it inefficient and expensive. Management of Received Invoices Jeff registers with the easyap invoice workflow portal, which accepts invoices in any format: electronic, pdf, xml, paper...When an invoice is received, the system carries out mathematical verifications of the provider, taxes, duplicates...etc. to guarantee the total validity of the invoice. Once the invoice has been verified as correct, it is assigned, by logic, to the corresponding circuit depending on whether it is with or without purchase order. Management of Invoices with Purchase Order The easy-a-p portal compares the invoices with purchase order against the purchases orders, as well as the receipt of products or services, if they exist. Once the prices, products and units received have been checked, the purchase order is matched to the invoice and exported to Jeff's accounting program. Management of Invoices without Purchase Order Jeff also receives invoices without purchase order, such as the utilities, special services, and telephone. When these invoices arrive, the easy-a-p portal automatically codes and attributes them according to the rules defined by Jeff. But if due to the nature of the invoice this task cannot be completed automatically, the invoice sent to Jeff's team, so that it can be coded manually. Once inputted into the system, depending on the company rules, the invoice is sent to the person responsible for approval. When approved electronically, it is automatically inputted into Jeff's accounting system. Incident Resolution But, what happens if there is a mistake, such as the merchandise isn't delivered, the invoice amount does not match with the purchase order, the corresponding taxes are wrongly calculated, or the person responsible for approving it rejects it? When validating the invoice, the easy-a-p portal automatically sends the invoice to the corresponding user, such as purchasing, warehouse or Jeff... so that they can carry out the processes necessary to solve the problem. As well as this, the provider can consult the state of their invoices online, and know if there is any incident that needs to be solved. Advantages of the EasyAP Invoice Workflow For Jeff, using the invoice workflow portal of Easy-a-p has many advantages: The process is more efficient as 85% of the invoices are matched automatically and 50% of those without purchase order are coded automatically. Costs have been saved as registration is free, there is no need to buy any software, and he only pays for each invoice processed. He has a better control of the process, the costs and the treasury. He can process different invoice circuits, independent of the invoice format. His providers are much happier and much more trusting. And he is much calmer, now that he can count on the experienced technical and accounting support of easyap
Views: 39666 easyap
Demo of ApprovalPlus - Matching OCR Invoice to Purchase Order
Views: 50 Approval Plus
http://echovera.ca/3-way-match/ PO matching is a very important business function for accounts payable professionals. It often means matching an invoice to a purchase order and a goods receipt. But the amount of time it takes to do it manually can be onerous for any organization. Automating the 3 way (or 2 way) matching process provides key benefits such as: Reduces Manual Error and Ensures Accuracy of the Data Shortens Payment Cycles Coding & Approvals on Desktop or Mobile Devices Reduces Cycle Times Reduction in Processing Costs The software will automatically route matched invoices to your ERP, where the invoice will be ready for payment. You can see the status of all invoices in a central shared dashboard, and exceptions go to a sophisticated workflow that sends essential information about the transaction to the right person for approval. With a comprehensive approval workflow that lets approvers use email or mobile devices, everyone in the organization that AP touches is empowered with transparency and accountability. http://echovera.ca/3-way-match/
Views: 320 EchoVera
Procurement Sense by Procurify: Episode 2 Host: Brittany Whitmore What is three-way-matching and why you should care. Why it matters if you have your purchase orders, invoices and packing slips in order. Does it really save you money? Brittany covers all of this in Procurement Sense Episode 2. Get more Procurement Sense here: http://bit.ly/1NcyVFd What purchasing and procurement topic would you like Brittany to cover next? Tweet @Procurify with topics!
Views: 2617 Procurify
http://www.amllp.com/microsoft-dynamics Entering vendor invoices in Dynamics GP. The purchase order processing module allows you to implement a 2-way matching process or a 3-way matching process for PO receipts. In a 3-way match, you receive from the PO when the PO items are received. And then you match the vendor's invoice to the receipt when that comes in. This video shows this process in action.
Views: 1142 Microsoft Dynamics at Armanino
This video demonstrate how to do the required setups for configuring the complex purchase order and retainage. Key setups are PO: enable service procurement profile options Yes Define document style from Purchasing--Setup--purchasing--Document style give retainage account in financial option either from PO or AP Define the required line type or use existed one Create PO from Buyer work center and create the invoice for full PO amount. observe the accounting entries and release the retainage amount as separate invoice line or invoice and observe the accounting entries. Please share this video with your friends, like the video and subscribe the channel
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