the Audit is a fundamental and critical process within accounts payable. It ensures that only correct and authorised incoming invoices are paid. The audit is divided into two parts: the Formal examination, where the invoice is checked for compliance with legal requirements (e.g. mandatory information according to the Value Added Tax Act), and the factual examination, in which the content, prices and quantities are compared with the underlying purchase order and the goods receipt (so-called "three-way match"). Careful invoice verification is crucial for compliance (e.g. input tax deduction), fraud prevention and accounting accuracy. This traditionally manual and time-consuming process can be significantly optimised through the use of software, in particular through a Automated incoming invoice processing. The check is followed by the internal approval process, which is supported for invoices with and without order reference by intelligent add-ons such as the Versino Financial Suite can be mapped via flexible, digital workflows.
Two free webinars in July: Experience the Versino Financial Suite live
E-Invoicing 2026: What is changing now for SMEs and SAP B1 users
Netting in SAP Business One: What makes the Versino Financial Suite different
Trial Balance in SAP Business One: What the Versino Financial Suite does differently – and why tax advisors notice
Versino Financial Suite Version 05.2026: What's Changed
