Dropship matching
Dropshipping is a retail fulfillment method where an online store sells products without keeping them in stock. When a customer places an order, the store purchases the item from a third-party supplier, who ships it directly to the customer.
In Tipalti, if you buy a good that’s being dropshipped, you can track if the good was shipped to the address. You can track goods by checking if there are enough item fulfilments (IFs) that match the dropship invoice. IFs are documents that confirm if the goods were shipped.
Dropship works with NetSuite. Once you sync Tipalti with NetSuite so it can collect item fulfilments (IFs), and set up your payee as a dropship vendor, you can begin the matching process. The matching process helps you check which goods were shipped to your customer’s address.
Match a dropship invoice
To match a dropship invoice:
Click Bills in the left menu.
Click the PO matchingThe process of matching goods and services from purchase orders to invoices (2-way matching), and receipts (3-way matching) tab and select a bill listing.
Follow the steps to carry out 3-way PO matching.
Instead of matching receipts, you match Item fulfillments (IFs) and check the item quantity (Qty) is the same in IFs and the PO lines.