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2-Way vs 3-Way Matching: A Guide for Hospitality AP
Every accounts payable team has to answer one question before paying a supplier: should we pay this bill, and for this amount?
Invoice matching is how you answer it. Instead of trusting the invoice on its own, you compare it against other records of what was agreed and what actually happened. The two most common methods are 2-way and 3-way matching.
What is 2-way matching?
2-way matching compares two documents: