- Industry: Computer
- Number of terms: 318110
- Number of blossaries: 26
- Company Profile:
An American multinational software corporation headquartered in Redmond, Washington that develops, manufactures, licenses, and supports a wide range of products and services related to computing.
The actual percentage of variance between a purchase order and a vendor invoice, calculated as follows: For positive lines = (Invoice net unit price - Purchase order net unit price)/Purchase order net unit price; for negative lines = (Invoice net unit price - Purchase order net unit price) * -1/Purchase order net unit price
Industry:Software
A matching discrepancy between the invoice net unit price of one or more line items on a vendor invoice and the purchase order net unit price on the related purchase order.
Industry:Software
The process of matching prices on invoice lines and purchase order lines, and quantities on packing slip lines and purchase order lines, for the purpose of verifying that variances are within allowable tolerances and that invoices can be paid.
Industry:Software
The allowable difference in prices between purchase order lines and vendor invoice lines that are used for invoice matching.
Industry:Software
The percentage by which product receipt quantities are allowed to exceed the purchase order quantity.
Industry:Software
A zero-currency transaction sent to a bank to confirm the accuracy of routing and account information.
Industry:Software
The percentage of variance that is allowable between the prices on a purchase order and a vendor invoice that are used for invoice matching.
Industry:Software
The company from which a centralized statement is printed.
Industry:Software
The percentage by which product receipt quantities are allowed to be less than the purchase order quantity.
Industry:Software
