What Structures do I Need to Set Up for Invoice Matching?

Within the Invoice Matching application, you define structures, rules, and tolerances according to your business model that determine how invoices and receipts, and in some cases Purchase orders, match without manual intervention.

This is a brief outline of the major components. Each of these structures is explained in detail in following sections.

The invoice matching structure consists of the following components:

• Match Class - determines your line item detail structure.

• Match Rules - determines how invoices are matched.

  Within the match rules you select various options, such as match level, match type, match order, chargeback options, matching tolerances, and invoice messaging tolerances.

• Match Rule Group - a structure that organizes your match rules.

• Match Table - a structure that lets you group match processing rules and assign them to a company and/or vendor and assign chargeback options.

• Match Company - all of your match processing rules are configured for your business needs and assigned to your company, this includes but is not limited to account application and messaging set up.