As we approach the winter holidays and recess, it is important to wrap up any necessary receiving before you begin wrapping your gifts!
Rice University requires a “three way match” to pay for goods and services. This includes a purchase order, an iO receipt, and an invoice.
Receiving is required by all Procurement Requesters once goods are delivered or services are rendered. Receipts must be completed on all purchase orders, regardless of dollar amount, with the exception of Non-Standard Disbursements.
Please note, if receiving is not done by the invoice due date on a purchase order under $1,000, Procure to Pay reserves the right to create the receipt to process payment to the supplier.
For more information regarding receipts, please see our previous blog post here.
For an instructional video on how to create a receipt, please click here.