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2WM

Two-Way Matching

2WM is the IV practice of matching two documents prior to approving payment of a supplier invoice:

Generally data elements include: Price and other terms such as penalties for late delivery, discounts for early delivery or payment.

See also: 3WM, 4WM

Community Importance Rating:
3.00
(3 votes)

Hierarchy

IDNameLevelx
IVInvoice Verification1IV
2WMTwo-Way Matching22WM

Process(es)

IDNameLevelx
S107Approve Payment3S107
S208Approve Payment3S208
S309Approve Payment3S309
Two-Way Matching Invoice Verification 2 2 {{{keywords}}} {{{description}}}