The 'Invoicing Tolerance' in the context of a supplier is a percentage value that allows the supplier, when directly submitting their invoice via the system, to invoice for a value either above or below the value of their PO by the given percentage.

When the invoice is received by the system, any variance between the PO value and the invoice value is automatically added to the Project as an 'Extra' to ensure the costs balance exactly.

Usually the tolerance percentage would be a fairly small percentage and allows the supplier to invoice allowing for rounding differences (particularly relevant where there is a high volume of invoicing).

An 'Invoicing Tolerance' of 0% would ensure that the supplier is only ever able to submit their invoice for a value exactly that of the PO. If the supplier wishes to submit a different value then they would have to submit a manual invoice in the traditional manner.

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How do I reconcile a single consolidated supplier invoice across multiple jobs?
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How to part a sales invoice?
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Part 5 - Invoicing
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What does the 'Invoicing Tolerance' do?
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How do I invoice a single activity?

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