What is the Invoice and Goods Amount?

The invoice amount is the amount of the goods, plus any add-on charges (added costs) or allowances (deductions) plus tax.

For example, you receive an invoice for $1046. The goods amount is $1000. The add-on charge for freight totals $46. Matching compares the goods amount on the invoice to the goods amount on the receipt.

In this example, we would match against $1000. This assumes the handling code denotes that only the goods will be matched, The COCO flag is set to No.

If the invoice amount does not equal the amount of the goods (plus any add-on charges or allowances plus tax), you receive the error message "Inv Amt not equal Inv Dtls, PO Tax and AOC; cannot match". This means that the invoice is out of balance and that you must adjust either the invoice amount or the goods, tax, or add-on charge.