This report provides a way to verify whether there is a discrepancy between the cost of a product at the time the purchase order was entered (or the price negotiated) and the cost of the product charged by the vendor on the received date.
The report lets you reconcile purchase orders without editing the purchase order. If the payable amount and the purchase order amount do not match, the invoice can be flagged as Unreconciled or Disputed.
Run a P/O Reconciliation Report to list all of the details of both vendors' invoices and the associated purchase orders, including line item data for payables.
To run the P/O Reconciliation Report, see P/O Reconciliation Report in Accounts Payable.
See Also: