Hold PO - Quantity Received Exceeds Quantity Invoiced
When the quantity received exceeds what was originally invoiced, paying the full invoice amount would result in overpayment. Such discrepancies can lead to financial inaccuracies, affecting budget allocations and financial reporting. Nimbello's Hold PO status acts as a safeguard, ensuring that payments align with the agreed-upon terms, promoting financial accuracy and accountability.
Tips:
If an invoice is flagged as "Over Received" first check for errors. Verify that the quantity listed on the PDF image matches what is shown in the "Materials/ Services Invoiced" section. Then check the Purchase Order so see if the quantity was entered incorrectly.
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