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Odoo 3way Matching

Odoo's 3-Way Matching prevents vendor payment mistakes by ensuring that a vendor bill is only paid if it matches a purchase order, the goods or services were received, and the vendor invoice matches the agreed amount. To set it up, users need to enable the feature in Odoo, which will automatically compare bills to purchase orders and receipts, and can include approval workflows for high-value invoices. This process reduces manual errors, ensures compliance, and saves finance teams significant time each month.

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12 views6 pages

Odoo 3way Matching

Odoo's 3-Way Matching prevents vendor payment mistakes by ensuring that a vendor bill is only paid if it matches a purchase order, the goods or services were received, and the vendor invoice matches the agreed amount. To set it up, users need to enable the feature in Odoo, which will automatically compare bills to purchase orders and receipts, and can include approval workflows for high-value invoices. This process reduces manual errors, ensures compliance, and saves finance teams significant time each month.

Uploaded by

lisamorgan8899
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Duplicate payments,

incorrect invoices, or even


fraud – vendor payment
mistakes can cost businesses
thousands.
But there’s a simple way to
prevent them:
Odoo’s 3-Way Matching. 🔍
What is 3-Way Matching?
3-way matching ensures that a
vendor bill is only paid if:
✅ A purchase order (PO) exists.
✅ The goods or services were
✅ The vendor invoice matches the
actually received.
agreed amount.
Formula:
PO = Goods Receipt = Vendor Bill
If all three documents match, the bill
gets approved for payment.
If not, discrepancies need to be
resolved before paying.
How to Set Up 3-Way Matching in
Odoo

1️⃣ Enable the feature


Go to Purchases > Configuration >
Settings -> Activate 3-Way
Matching
How to Set Up 3-Way Matching in
Odoo

2️⃣ When a bill is created, Odoo will


automatically compare it to the PO
and receipt.
On the vendor bill screen on “Other
Info” you will see if the bill should
or shouldn’t be paid.
How to Set Up 3-Way Matching in
Odoo

3️⃣ Use approval workflows to add


an extra review step for high-value
invoices.
Why Odoo Partners Should Set
This Up for Clients

🚨 Many businesses don’t track


mismatched invoices properly,
leading to overpayments or fraud.
✅ 3-way matching reduces manual
errors and ensures compliance.
✅ Automating this process saves
finance teams hours each month.

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