VENDORecon
Let VENDORecon Handle your A/P Tax differences
VENDORecon allows you to automatically balance your invoice when differences arise between your Tax System and your vendor-billed taxes. Eliminating the need for manual intervention by A/P personnel, you can be assured of consistent handling for your taxes. A win-win for Tax and A/P departments!
Key Features
- Automatically recognizes tax differences between your Tax System and your vendor invoice during A/P processing
- Configurable rules to ensure consistent results –you can define the tolerances and scenarios to handle
- Set up rules for seller privilege, vendor and state exceptions
- Automated outcomes include full and partial accruals, short-pays, pay-as-billed outcomes
- Eliminates A/P decision-making when the taxes cause an imbalance
- Handles manually-created invoices and EDI/Idoc feeds
See the VENDORecon balancing scenarios
Pay-as-Billed
Short-Pay
Partial Accrual
Full Accrual
