3 Way Matching

The advance purchase operation terminology defined by the SIMISE platform to ensure that the user company only pays the bills for the product being delivered to the company. This terminology in SIMISE is predefined and the user can enable it in the platform by selecting the option in the settings menu.

In the settings menu under the invoicing tab the user can view the 3 way billing icon available which can be enabled to be established in the platform.

As the option is enabled the user can view the changes in the vendor bill operation. If a purchase order has been validated and the products are received the user can now generate the respective vendor bill for the purchase being done. In the vendor bill creation the prices of the products are auto assigned and the journal entries too are as they are described in the vendor description while creating the vendor in the platform. Under the other info tab of the accounting description the user can view the option should be paid depicted as yes, which is auto generated and its due to the enabling of the three way billing aspect in the platform.