1. Accounts Receivable Implementation Guide
  2. Example: Invoice Selection Match, Matching Open Amount Less Available Discount

Example: Invoice Selection Match, Matching Open Amount Less Available Discount

This example illustrates how the system applies receipts to invoices using the Invoice Selection Match algorithm for these processing option settings:

  • Matching: Open Amount Less Available Discount

  • Underpaid Tolerance: 10

  • Overpaid Tolerance: 10

Receipt Amount: 297

Invoice Number

Invoice Open Amount

Discount

587

100

1

695

200

2

The system attempts to match the receipt to invoice 587. Because the amount does not match, the system attempts to match the receipt to invoices 587 and 695. Because the amount of the receipt does not match by 3, and 3 is within the tolerance limit of 10, the system pays both invoices.