How do you or your company deal with Vendor Bill variances?

3-way match

Do you post vendor bill variances?

Suiteanswers 11157

I've seen this, I'm just asking is that what you mean when you say 3 way match?

I have several customers who use bill variances. Both for inventory or non inventory items. In the case of partial receipt,or full receipt and of a different bill depending on the exchange rate, the quantity or the amount, the bill variance is necessary (some customers are French and it is an essential process)

Netsuite is really bad at this. An even worse nightmare is if you have to enable ”bill in advance”. Never figured out a good process for that…

Usually 3 way match is one of these 3 scenarios PO Quantity does not match Vendor Bill Qty PO Item Rate does not match Vendor Bill Item Rate Item Reciept Quantity does not match Vendor Bill Quantity @Jesper M is right once Bill in Advance of recipet is enabled then it is so much harder to manage. The Recipets link is on each line item of the PO and that helps manage linking PO to IR. With Bill in Advance of Reciept enabled this link does not happen automatically so it’s much harder to match IR to Bill I would recommend using the post vendor bill variances screen at month end but if you’ve missed a month (or multiple months) it’s hard to catch up