/
PO to Invoice max variance usage

PO to Invoice max variance usage

Description of Issue

Prevent end users from over paying vendor invoices that link back to POs

Context

Accounts Payable

Invoice Processing

Cause

New functionality

Resolution

Financials > Accounts Payable > Setup > Accounts Payable Settings

  1. Click Update

  2. Enter in Percentage or Amount (based on the setting needed)

  3. Click Accept

End users will be stopped from entering an invoice that is $X or X% higher than what is being liquidated from the Purchase Order (Purchase Order Liquidation screen within Invoice Entry). This setting will not stop end users from entering in an Invoice for less than the liquidation amount. 

Additional Information

Using the Accounts Payable setting for PO to Invoice max variance percentage or amount will help ensure that end users do not pay a vendor more than the amount specified in the purchase order

If certain end users need the ability to override this setting, assign the Accounts Payable permission Override Invoice Variances

 

Related content

Invoice to PO Variance not working - Invoice amount cannot exceed PO
Invoice to PO Variance not working - Invoice amount cannot exceed PO
More like this
Assistance with creating invoice against purchase order when invoice amount is greater than liquidated amount
Assistance with creating invoice against purchase order when invoice amount is greater than liquidated amount
More like this
Making overpayments in Cashiering
Making overpayments in Cashiering
More like this
Invoice Entry allows pending approval invoices which are liquidating POs to be updated to a Gross amount of 0.00
Invoice Entry allows pending approval invoices which are liquidating POs to be updated to a Gross amount of 0.00
More like this
Liquidation Error on Purchase Order Within Invoice Entry
Liquidation Error on Purchase Order Within Invoice Entry
More like this
Within Invoice Entry Purchase Order Liquidation, clicking Modify then Cancel then Continue allows bypass of Liquidation even though Invoice shows PO number
Within Invoice Entry Purchase Order Liquidation, clicking Modify then Cancel then Continue allows bypass of Liquidation even though Invoice shows PO number
More like this