Common reasons for reconciliation

Some common errors that can result in the invoice and receipt not being able to be matched:

• Data entry errors
• Receiving errors
  • An item is listed on the receipt, but is not listed on the invoice
  • An item is listed on the invoice, but is not listed on the receipt
• Pricing errors
  • An item on the invoice is more costly than the item on the receipt (overcharge)
  • An item on the invoice is less costly than the item on the receipt (undercharge)
• Tolerance errors
• Quantity errors