The traditional three-way match matches the purchase order, vendor invoice and what other document?

 

The traditional three-way match matches the purchase order, vendor invoice and what other document?

Sales order

Vendor table

Packing slip

Receiving report

 

The correct answer is "receiving report".

 

The traditional three-way match is a process used in accounting and finance to ensure that the purchase order, vendor invoice, and receiving report all match before payment is made. The receiving report is a document used to confirm that the goods or services ordered have been received and accepted by the buyer. Matching these three documents helps to ensure that the company is paying the correct amount for the correct goods or services received.