Work with accounts payable invoice matching in Dynamics 365 Finance

Intermediate
Functional Consultant
Business User
Dynamics 365
Finance

Your organization can use Accounts payable invoice matching in Dynamics 365 Finance to enhance financial accuracy by ensuring that invoices align with purchase orders and product receipts. It helps reduce errors, improve compliance with company policies, and streamline the invoice approval process. By automatically detecting discrepancies, it helps save time and minimize the risk of overpayments, ultimately contributing to better financial control and efficiency.

Learning objectives

This module explains the following concepts:

  • Accounts payable invoice matching
  • Invoice totals matching
  • Two-way price totals matching
  • Two-way net unit price matching
  • Three-way matching
  • Charges matching

Prerequisites

  • Basic understanding of finance and accounting processes
  • General understanding of purchase order invoicing
  • The ability to use Dynamics 365 Finance for basic processing