Does QuickBooks Do 3-Way Matching? (And How to Add It If Not) 
QuickBooks does not do automated 3-way matching. It can store purchase orders and link a bill to a PO. But it will not automatically confirm that the quantity and price on an invoice match both the purchase order and the goods receipt. That last check is what 3-way matching means, and it is the gap… Continue reading Does QuickBooks Do 3-Way Matching? (And How to Add It If Not)
Three-Way Invoice Matching for Manufacturing Without an ERP: How Controllers Are Implementing It
In our onboarding conversations with mid-market manufacturers, one pattern repeats almost every quarter. A Controller at a 160-person plant says her ERP vendor quoted $280,000 to enable three-way matching. The proposal runs 47 pages. The timeline is 11 months. Her actual problem is that 30 percent of vendor invoices arrive without a PO. The CFO… Continue reading Three-Way Invoice Matching for Manufacturing Without an ERP: How Controllers Are Implementing It
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