INVOICE APPROVAL > Invoices > Invoice discrepancy >
When performing a three-way match to approve PO-related invoices for payment, many organizations will impose thresholds (dollar and/or percentage difference between the PO and invoice) to control when an invoice discrepancy will need additional approval.
For more details on the different types of invoices, see Types of Invoices and Workflow.
An invoice discrepancy might be the result of an over shipment, a difference in the taxes between the PO and invoice, a freight charge that wasn’t on the PO and was added during invoice approval, or just a unit price discrepancy.
While entering invoices, if the discrepancy exceeds the allowable tolerance set in the user’s profile, one of two things will happen depending on the applicable settings in Invoice Options;
1.If logging of invoice discrepancies has NOT been enabled, the user entering the invoice will simply be stopped (i.e. cannot complete the match and process the invoice).
2.If logging of discrepancies has been permitted, they will be able to save the invoice for approval and the invoice will remain “on hold” until approved.
For more details on the invoice approval process, see Invoice Approval Routing.
