Reconciliation

Reconciliation is the process of manually matching invoices, POs and receipts that could not be matched. During the reconciliation process, you can process the invoice and get it ready for payment.

These are the corrections you can make during reconciliation:

• Create a chargeback for situations where the invoice is greater than the receipt.
• Force a match to accept the discrepancy.
• Create invoice messages when doing a detail match reconciliation to alert the buyer/authority code that tolerances have been exceeded.
• Create receiving adjustments and allow the match process to proceed.