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Difference between Two Way and Three Way Match Invoice

Two Way Match vs Three Way Match Invoice

Two-way match is used to compare the invoice received from vendor with the Purchase Order.

Three-way match is used to match the details of PO, Goods Receipt and the Invoice document received from vendor.  In Three way match the Quantity & Price is matched between PO, GR & IR. (Three Levels)

In other words, Two-way match is between  PO and IV (Purchase Order - Invoice Verification ) and Three-way match is between PO, GR and IV(Purchase Order -Goods Receipt - Invoice Verification).