What Is Three Way Matching Of Invoice? What Is The Difference Po Able

1.	What Is Three Way Matching Of Invoice? What Is The Difference Po Able Invoice And Non Po Able Invoice?
Answer» PO expenses are paid for the core business activities. e.g a food manufacturing co. will pay its usual charges for Raw material freight, plant maintenance etc. A non PO expenditure is the ONE which is payment for its non core activities e.g payment of UTILITY bills e.g telephone charges, electricity bill. for usual TRANSACTIONS of core business transaction a PO is created i.e. Purchase order# is created & non PO is for non core activities.

What Is Three Way Matching Of Invoice? What Is The Difference Po Able Invoice And Non Po Able Invoice?

Answer»

PO expenses are paid for the core business activities. e.g a food manufacturing co. will pay its usual charges for Raw material freight, plant maintenance etc.
A non PO expenditure is the ONE which is payment for its non core activities e.g payment of UTILITY bills e.g telephone charges, electricity bill.
for usual TRANSACTIONS of core business transaction a PO is created i.e. Purchase order# is created & non PO is for non core activities.