How does the Purchase Order application affect Invoice Matching?
Before you use the Invoice Matching application and if your company is using all the Lawson Procurement applications, become familiar with the Purchase Order features in the following table. These features affect the Invoice Matching application. For more detailed information, see the Purchase Order User Guide.
| Feature | Definition | Effect on Invoice Matching |
|---|---|---|
| PO Company | Purchase Order company contains definitions for the following: receiving tolerances for undershipment and overshipment, AOC close days, procurement group, and default rules for cost, account, activity, vendor, and more. |
Normally, the General Ledger, Accounts Payable, Purchase Order, and Invoice Matching companies all represent the same business entity. The company procurement group assignment, freight terms, and the Purchase Order code processing rules are all required for company setup. Options defined for the Purchase Order Company default on purchase orders. These defaults can be overridden with setup for specific vendors or on individual purchase orders. |
| Procurement Group | Procurement groups are set up above the company level and are used to consolidate purchasing functions within an organization. | You set up buyers, vendor items, freight terms, ship terms, comment codes, and price agreements in a procurement group. Multiple companies can share the same procurement group. |
| PO Vendors | Purchase Order vendor contains additional information for a vendor previously defined in Accounts Payable vendor. Define options that override the Purchase Order Company setup, such as tolerances for overshipment and undershipment. |
Purchase Order vendors are based on Accounts Payable vendors previously defined. Options defined for Purchase Order vendors override the Purchase Order Company setup, such as tolerances for overshipment and undershipment, and freight terms. Define the issue method for each vendor, such as Electronic Data Interchange (EDI). |
Planning Purchase Order Setup for Invoice Matching
