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From requisition to payment

Three documents protect a business from paying for what it did not order or did not receive: the purchase order, the goods receipt note and the supplier's invoice. Matching the three is the simplest control there is, and the most effective.

Chapter 1 · Lesson 5 of 510 min readBeginner level

This cycle is known internationally as purchase to pay. It shares its logic with the sales cycle in reverse: there we deliver and collect, here we receive and pay — and the same documents swap roles between the two businesses.

1 The links of the cycle

#StepDocumentOwner
1The department’s requestAn approved requisitionThe requesting department
2The awardComparison and award minutesPurchasing / the committee
3The commitmentA purchase order sent to the supplierPurchasing
4ReceiptA goods receipt note by quantityThe warehouse
5InspectionAn acceptance or rejection reportQuality / technical
6InvoicingThe supplier’s invoiceThe supplier
7MatchingA three-way matchAccounts payable
8PaymentA payment instruction and voucherTreasury

Buying with no purchase order

A manager calls a supplier directly, the goods arrive, and the invoice reaches accounting with no preceding document at all. At that point nobody can refuse it, because the goods have already been consumed. Measure the share of invoices with no purchase order — it is a direct gauge of how disciplined the cycle is, and every one of them is a price that was never negotiated.

2 The three-way match

1
Purchase order

What did we order, and at what price?

2
Receipt note

What actually arrived?

3
Invoice

What is the supplier charging us?

4
The decision

Match → pay · Discrepancy → hold

No payment until the three documents agree on both quantity and price

An invoice that must not be paid as it stands
ItemPurchase orderReceiptInvoice
Quantity1,0009401,000
Unit price45—47
Total45,000—47,000

Two discrepancies: a quantity short by 60 units and a price higher by two riyals. The correct amount is 42,300 riyals, not 47,000 — a difference of 4,700 riyals on a single invoice.

The action: hold the invoice and request a credit note for the difference or a corrected invoice. Those who pay first and claim afterwards rarely recover.

Tolerance limits

A two-riyal difference on an invoice of a million is not worth holding payment and disrupting supply. Set a written tolerance — a small percentage or a fixed amount — approved automatically below it and escalated above it. Control without a tolerance turns into paralysis.

3 Receipt and inspection

  • Quantity is counted, not taken from the supplier, however clear the shipping document is.
  • Technical inspection may lag behind receipt, so goods are booked “received pending inspection”, not “accepted”.
  • Partial rejection is documented with photographs and a report, and notified to the supplier in writing within a set period.
  • Expiry date and batch number are recorded at receipt, not later.
  • Partial receipt leaves the purchase order open for the balance, tracked until it is closed.

4 Payment and supplier performance

Supplier performance measureHow it is measured
On-time deliveryShare of orders arriving by the promised date
Quantity accuracyShare of orders matching on quantity
Quality of supplyShare rejected at inspection
Invoicing accuracyShare of invoices that passed without a hold
ResponsivenessTime taken to answer requests and complaints

Segregation of duties in the buying cycle

Whoever opens the supplier record does not approve the purchase order. Whoever issues the purchase order does not receive the goods. Whoever receives does not approve the payment. And whoever approves the payment does not sign the cheque alone. Combining any two of these in one pair of hands is the usual route to invoices from suppliers who do not exist.

Lesson summary

  • The cycle has eight steps, each with its own document and a different owner.
  • An invoice with no purchase order costs the business its right to refuse or negotiate.
  • The three-way match compares what we ordered, what arrived and what we are charged.
  • A written tolerance stops control from turning into paralysis.
  • Quantity is counted, and technical inspection may lag, so goods are booked pending inspection.
  • Measuring suppliers in numbers makes renewal a decision rather than a habit.

5 Test your understanding

Three quick questions

Pick the answer you believe is correct and you will see the result immediately.

1. The order is 1,000 units at 45, receipt is 940, and the invoice is 1,000 at 47. The correct amount:

2. An invoice arrives for goods already consumed, with no purchase order. The most serious effect:

3. The same employee opens the supplier record and approves payments. The main risk:

Sources and review: the purchase-to-pay cycle and its documents, the three-way match and the principles of segregation of duties as settled in internal control and purchasing literature. The figures are illustrative. Last reviewed: September 2026.